Expenditures: Apparel, Children Under 2 by Region: Residence in the Northeast Census Region
CXUINFANTLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.00
Year-over-Year Change
-39.56%
Date Range
1/1/1984 - 1/1/2023
Summary
This trend measures consumer expenditures on apparel for children under 2 years old in the Northeast census region of the United States. It provides insights into regional spending patterns and consumer demand for infant clothing.
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: Apparel, Children Under 2 by Region: Residence in the Northeast Census Region series tracks monthly consumer expenditures on clothing and accessories for infants and toddlers in the Northeastern United States. This metric is useful for analyzing regional variations in spending habits and assessing the overall state of the children's apparel market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This economic indicator is relevant for retailers, manufacturers, and policymakers monitoring consumer trends and regional market dynamics.
Key Facts
- The Northeast region accounts for approximately 18% of the U.S. population.
- Spending on children's apparel makes up around 2.5% of total consumer expenditures.
- Infant and toddler clothing expenditures are typically countercyclical to the broader economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly consumer expenditures on apparel and accessories for children under 2 years old in the Northeast census region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into regional variations in consumer spending patterns and demand for children's clothing, which is useful for retailers, manufacturers, and policymakers.
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 metric is relevant for monitoring consumer trends and regional market dynamics, which can inform economic policies and business strategies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the Consumer Expenditure Survey, with a typical 3-month lag between the reference period and public release.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Children Under 2 by Region: Residence in the Northeast Census Region (CXUINFANTLB1102M), retrieved from FRED.