Consumer Unit Characteristics: Percent White, Asian, and All Other Races, Not Including African American by Region: Residence in the Northeast Census Region
CXUWHTNDOTHLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.00
Year-over-Year Change
-4.44%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the racial composition of consumer units residing in the Northeast Census Region of the United States, providing insights into demographic trends within this geographic area.
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 'Percent White, Asian, and All Other Races, Not Including African American by Region: Residence in the Northeast Census Region' data series tracks the racial makeup of consumer units, which are broadly equivalent to households, in the Northeast region. This information is useful for understanding population shifts and consumer behavior patterns in the Northeastern United States.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for policymakers, marketers, and researchers analyzing demographic and consumer trends in the Northeast region.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- In 2022, the percentage of consumer units that were White, Asian, and other races (not including African American) in the Northeast was 89.4%.
- This data series has been tracked by the U.S. Bureau of Labor Statistics since 1984.
FAQs
Q: What does this economic trend measure?
A: This trend measures the racial composition of consumer units, or broadly equivalent to households, residing in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This information is useful for understanding population shifts and consumer behavior patterns in the Northeastern United States, which is relevant for policymakers, marketers, and researchers.
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 policymakers, marketers, and researchers to analyze demographic and consumer trends in the Northeast region.
Q: Are there update delays or limitations?
A: This data series has been tracked by the U.S. Bureau of Labor Statistics since 1984 and is updated regularly, though there may be some delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent White, Asian, and All Other Races, Not Including African American by Region: Residence in the Northeast Census Region (CXUWHTNDOTHLB1102M), retrieved from FRED.