Web1 hour ago · The report indicates a pullback in spending on pricier products. Sales of electronics and appliances plummeted 2.1 percent in March and 10.3 percent on the year. Furniture store sales fell 1.2 ... WebDec 30, 2024 · Almost two-thirds of consumer spending is on services, like real estate and health care. Other services include financial services, such as banking, investments, and insurance. Cable and internet services also count, as do services from non-profits. The remaining one-third of our personal consumption expenditure is on goods.
Household Expenditures and Income The Pew Charitable Trusts
WebMar 31, 2024 · December 2024. 0.0 %. November 2024. -0.2 %. Consumer spending, or personal consumption expenditures (PCE), is the value of the goods and services purchased by, or on the behalf of, U.S. residents. At … WebOct 9, 2024 · According to the U.S. Bureau of Labor Statistics Consumer Expenditure Survey (BLS CEX), entertainment spending made up 5.3% of the total average annual … rob halligan twitter
Retail spending fell in March as consumers pull back
WebDec 5, 2024 · Key household budget statistics The average household earned $87,432 in 2024 before taxes and spent $66,928, according to the BLS survey. Significant expenditures were housing, transportation and... WebApr 14, 2024 · Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% ... WebOct 15, 2024 · Spending differences may result from different consumer preferences or variations in demographic characteristics, such as household size, age, or income levels. … rob halloway mercedes