Expenditures: Other Household Products by Region: Residence in the Northeast Census Region
CXUHKPGOTHRLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
617.00
Year-over-Year Change
60.26%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures household expenditures on non-durable goods like cleaning supplies, personal care products, and other household items in the Northeast census region of the United States. It provides valuable insights into consumer spending patterns and regional economic conditions.
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: Other Household Products by Region: Residence in the Northeast Census Region metric tracks consumer spending on a variety of household products and consumables in the Northeast United States. This data is used by economists and policymakers to analyze regional consumer demand and the relative strength of local economies.
Methodology
The data is collected through consumer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding trends in consumer purchasing power and the health of regional retail markets.
Key Facts
- Covers a range of household items like cleaning supplies and personal care products.
- Provides insights into regional variations in consumer spending behavior.
- Used to assess the economic health of the Northeast U.S. market.
FAQs
Q: What does this economic trend measure?
A: This trend measures household expenditures on a variety of non-durable goods and consumable products in the Northeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into regional consumer demand and spending patterns, which are important for understanding the economic health of local markets.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This economic indicator is used by policymakers and economists to analyze regional consumer purchasing power and the strength of local retail markets.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the collecting agency.
Related Trends
New Privately Owned Housing Completions Total One-Family Units in the Northeast Census Region
COMP1FNEQ
Average Duration (in Quarters) from Business Application to Formation Within Eight Quarters: Total for All NAICS in Northeast Census Region
BFDUR8QTOTALNSANO
Net Change in Total Assets by Region: Residence in the Northeast Census Region
CXUCHGASSETLB1102M
Consumer Unit Characteristics: Percent White, Asian, and All Other Races, Not Including African American by Region: Residence in the Northeast Census Region
CXUWHTNDOTHLB1102M
Business Formations Within Four Quarters: Total for All NAICS in Northeast Census Region
BFBF4QTOTALNSANO
Housing Inventory Estimate: Vacant Housing Units Held Off the Market in the Northeast Census Region
EOFFMARNEQ176N
Citation
U.S. Federal Reserve, Expenditures: Other Household Products by Region: Residence in the Northeast Census Region (CXUHKPGOTHRLB1102M), retrieved from FRED.