Source: U.S. Bureau of Labor Statistics
Release: Consumer Expenditure Surveys
Occupation refers to the occupation in which the reference person received the most earnings during the survey period. The reference person is the first member mentioned by the respondent when asked to "Start with the name of the person or one of the persons who owns or rents the home." It is with respect to this person that the relationship of the other consumer unit members is determined.
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U.S. Bureau of Labor Statistics, Income Before Taxes: Wages and Salaries by Occupation: Wage and Salary Earners: Managers and Professionals [CXU900000LB1204M], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CXU900000LB1204M, October 4, 2023.