Expenditures: Fresh Fruits by Region: Residence in the Northeast Census Region
CXUFRSHFRUTLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
508.00
Year-over-Year Change
82.73%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures consumer expenditures on fresh fruits by households residing in the Northeast Census Region of the United States. It provides valuable insights into regional spending patterns and consumer preferences.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Expenditures: Fresh Fruits by Region: Residence in the Northeast Census Region data series tracks monthly household expenditures on fresh fruits in the Northeast region. This metric is used by economists and policymakers to analyze regional consumer behavior and guide economic decision-making.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for understanding consumer demand and market conditions in the Northeast region.
Key Facts
- The Northeast region accounts for approximately 18% of the U.S. population.
- Fresh fruit consumption varies seasonally and by regional preferences.
- Household income and demographic factors influence fresh fruit spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly household expenditures on fresh fruits by consumers residing in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional consumer behavior and spending patterns, which is valuable for understanding market conditions and guiding economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze regional consumer demand and preferences, which can inform economic policies and business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a slight delay in availability due to the survey collection process.
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Citation
U.S. Federal Reserve, Expenditures: Fresh Fruits by Region: Residence in the Northeast Census Region (CXUFRSHFRUTLB1102M), retrieved from FRED.