Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Region: Residence in the Midwest Census Region
CXUOTHREGINLB1103M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
530.00
Year-over-Year Change
2.71%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures income before taxes for individuals receiving unemployment, workers' compensation, veterans' benefits, and regular contributions in the Midwest Census Region of the United States.
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 Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Region: Residence in the Midwest Census Region metric provides insights into the personal income sources and levels for residents of the Midwest region.
Methodology
This data is collected by the U.S. Census Bureau through household surveys.
Historical Context
This trend is used by economists and policymakers to analyze regional income patterns and guide economic and social policies.
Key Facts
- The Midwest Census Region includes 12 states.
- This metric is released on a monthly basis.
- Income data is self-reported by survey respondents.
FAQs
Q: What does this economic trend measure?
A: This trend measures income before taxes for individuals in the Midwest Census Region who receive unemployment, workers' compensation, veterans' benefits, and regular contributions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the personal income sources and levels for residents of the Midwest region, which is crucial for understanding regional economic conditions and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze regional income patterns and guide economic and social policies.
Q: Are there update delays or limitations?
A: This metric is released on a monthly basis, and the data is self-reported by survey respondents, which may introduce some limitations.
Related Trends
New Privately Owned Housing Completions Median Square Feet of Floor Area for One-Family Units in the Midwest Census Region
COMPSFLAM1FMWQ
Unemployment Rate in Midwest Census Region
CMWRUR
New Privately Owned Housing Starts Total One-Family Units in the Midwest Census Region
HOUST1FMWQ
Business Applications for Midwest Census Region
BUSAPPWNSAMWYY
Housing Inventory Estimate: Vacant Housing Units in the Midwest Census Region
EVACANTMWQ176N
Expenditures: Other Lodging by Region: Residence in the Midwest Census Region
CXUOTHLODGELB1103M
Citation
U.S. Federal Reserve, Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Region: Residence in the Midwest Census Region (CXUOTHREGINLB1103M), retrieved from FRED.