41,936 research outputs found

    Consumer Expenditures Vary by Age

    Get PDF
    The Consumer Expenditure Survey (CE) publishes information classified by characteristics such as income, household size, and age of the reference person. This article uses 2013 CE data to examine the relationship between age and consumer expenditures. This relationship is important because the aging of the baby-boom generation will influence the overall level and composition of consumer spending in the years to come

    Household Healthcare Spending in 2014

    Get PDF
    This Beyond the Numbers article uses 2014 CE data to examine household spending on healthcare and its components. The article first examines the relationship between healthcare spending and household pretax income and then the relationship between healthcare spending and the age of the reference person

    Movies, Music, and Sports: U.S. Entertainment Spending, 2008-2013

    Get PDF
    [Excerpt] This Beyond the Numbers article examines entertainment spending from 2008 to 2013 and breaks the spending down into its four parts: fees and admissions; audio and visual equipment and services; pets, toys, hobbies, and playground equipment; and other entertainment supplies, equipment, and services. This article also analyzes the relationships between entertainment spending and 1) income, 2) education, and 3) age

    New Education Classification Better Reflects Income and Spending Patterns in the Consumer Expenditure Survey

    Get PDF
    An individual’s level of education and associated earnings profoundly influence spending patterns. Published Consumer Expenditure Survey (CE) data shown average expenditures, income, and other consumer unit (CU) characteristics classified by education of the reference person. With the release of calendar year 2012 CE data on September 10, 2013, the education of reference person classification was replaced by the highest education level of any member in the consumer unit. The major reason for this change is that the highest level of education attained by any household member more accurately reflects income and spending patterns than does the education level of the reference person only. For example, data from the Census Bureau show that the proportion of married couples where the wife is the more educated spouse increased during the 1996–2010 period. This means that the education level in families where the husband is designated as the reference person could be understated. Table 1 shows selected characteristics, mean annual expenditures, and expenditure shares for consumer units classified by the highest level of education of any CU member, which is the new breakdown. Table 2 presents the same data classified by education of the reference person, which is the old breakdown. (Both tables show data for 2012.

    Hispanic Household Spending in 2015

    Get PDF
    Although the Hispanic population has grown more slowly in recent years, it still exerts a powerful influence on the U.S. economy. Consumer Expenditure Survey (CE) data show that, in 2015, households with a reference person of Hispanic or Latino origin were 13 percent of the sample, compared with 12.2 percent in 2010 and 10.6 percent in 2005. This Beyond the Numbers article uses 2015 CE data to examine spending by households with a Hispanic or Latino reference person, compared with households without a Hispanic or Latino reference person. (In the article, for convenience, “Hispanic or Latino” is shortened to “Hispanic.”) Spending by Hispanic households is compared with spending by households with a non-Hispanic White reference person and spending by households with a non-Hispanic Black or African-American reference person

    Foreword

    Get PDF
    • 

    corecore