Expenditures: Apparel, Women, 16 and over by Region: Residence in the Northeast Census Region
CXUWOMENSLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
631.00
Year-over-Year Change
-1.10%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures consumer expenditures on women's apparel by residents of the Northeastern United States. It provides insights into regional consumer behavior and demand patterns.
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, Women, 16 and over by Region: Residence in the Northeast Census Region data series tracks monthly consumer spending on women's clothing and accessories for individuals living in the Northeastern U.S. This metric helps economists and policymakers understand regional consumer trends and preferences.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is used to inform retail, fashion, and economic policies targeting the Northeastern market.
Key Facts
- Expenditures on women's apparel account for over 3% of total household spending in the Northeast.
- Spending on women's clothing in the Northeast is typically highest in the Fall and Winter seasons.
- The Northeast region makes up around 18% of total U.S. consumer expenditures on women's apparel.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly consumer expenditures on women's apparel and accessories for individuals residing in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This regional data on women's clothing spending provides valuable insights into consumer behavior and demand patterns that can inform business and policy decisions.
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 regional expenditures data is used to guide retail, fashion, and economic policies targeting consumers in the Northeastern United States.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag and may be subject to revisions.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Women, 16 and over by Region: Residence in the Northeast Census Region (CXUWOMENSLB1102M), retrieved from FRED.