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Consumer Expenditures in 2015

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From  Bureau Of Labor Statistics This Consumer Expenditure Survey (CE) Annual Report presents integrated data from the 2015 Diary and Interview portions of the CE, including data tables. The tables show average expenditures, income, and characteristics for consumer units 1  classified by the following characteristics: quintiles and deciles of income, before-tax income class, age of the reference person, size of the consumer unit, composition of the consumer unit, number of earners, housing tenure and type of area (urban or rural), region of residence, occupation, highest education level of any consumer-unit member, race, and Hispanic or Latino origin. This report highlights spending patterns for 2015 from the CE, including a brief discussion of expenditure changes for the year, and provides a description of the CE survey. Consumer spending increased 4.6 percent in 2015, according to annual data from the CE. This follows an increase of 4.7 percent in 2014, previously recorded b

Consumer expenditures vary by age

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. Data show that: Outlays on pensions and Social Security increased with age up to 45–54 years before declining. The share of the food budget devoted to food at home increased with age while the share devoted to food away from home declined. Healthcare spending, in dollar amount and as a share of the household budget, increased with age. CE household data classified by age of the reference person show that annual expenditures and pretax income are “hump” shaped over the lifecycle, lowest for the under 25 years group, then increasing to their highest levels for the

What is the Business Expenses Program from the US Census?

The Business Expenses Survey (BES) was created originally to compile statistics on business operating expenses for Retail Trade, Wholesale Trade, and Service Industries. Expense data are key components of the Bureau of Economic Analysis (BEA) input-output (I-O) accounts, which are a critical element in the calculation of Gross Domestic Product (GDP).  Starting in 2003, the Service Annual Survey (SAS) began collecting selected expense items on their annual form. In 2004, Census and BEA formed a joint team, called the Core Expenses Group (CEG) to evaluate the collection of expense items across the many Census programs. The result of this team effort was a core set of expenses that have been collected on an annual basis since 2005 by the SAS and the Annual Survey of Manufacturers (ASM), and on a quinquennial basis by the Annual Retail Trade Survey (ARTS), Annual Wholesale Trade Survey (AWTS), and the Economic Census for Manufacturing, Construction, and Mining. What data is available

Calculating Costs for Starting Your Small Business?

Gain insights about how to estimate your start-up costs, which will help you determine what financing you may need to get off the ground, what it will take to reach your break-even point and manage cash flow once you’re up and running! How to Estimate the Cost of Starting a Business from Scratch How much will it take to start that new business you’re thinking of? Use these simple steps to develop a good estimate. You don’t get to know for sure, but if you have the discipline to break things into meaningful pieces, and then research each of the pieces, you’ll have a good idea. How to Guesstimate Your Starting Costs  

Average annual expenditures on gifts of goods and services in 2013

In 2013, gifts of goods and services accounted for 2 percent of total consumer spending. Among these gifts, consumers spent the largest share on education (25 percent). Most education gifts were for college tuition. Nineteen percent of gift spending was for housing-related items in 2013. Among housing-related items, the largest share was for housing while attending school. Eighteen percent of gift spending went toward apparel and services. Consumers spent 7 percent on apparel and services for women and girls age 2 and older, compared with 5 percent for men and boys age 2 and older. These data come from the Consumer Expenditure Survey. More from the Bureau of Labor Statistics .

Consumer Expenditures 2011

From the Bureau of Labor Statistics Average annual expenditures per consumer unit rose 3.3 percent in 2011 following a decrease of 2.0 percent in 2010, the U.S. Bureau of Labor Statistics reported. The rise in spending in 2011 barely outpaced the 3.2-percent increase in prices for goods and services from 2010 to 2011, as measured by the average annual change in the Consumer Price Index (CPI-U). This was the first yearly increase in spending since the 1.7-percent rise from 2007 to 2008, as expenditures had declined in both 2009 and 2010. All major components of household spending increased in 2011. The 8.0-percent rise in transportation spending was the largest percentage increase among all major components. Overall spending on food and cash contributions (including payments for support of college students, alimony and child support, and giving to charities and religious organizations) both increased by 5.4 percent. Other spending highlights include a 4.9-percent rise in health car

Business Expenses Survey

The Business Expenses Survey has information of various types of expenditures, such as materials and fuels, for ALL businesses. There is also some info available for specific industries. You can find the 2007 data HERE .