eCommons

DigitalCollections@ILR
ILR School
 

Consumer Expenditures in 2014

Other Titles

Abstract

[Excerpt] Consumer spending increased 4.7 percent in 2014. This increase reverses the 2013 decline of 0.7 percent. These figures are based on annual data from the Consumer Expenditure Survey (CE). Consumer units’ (CUs) average annual expenditures increased from $51,100 in 2013 to $53,495 in 2014. Accompanying the increase in expenditures was an increase in average income before taxes of 4.8 percent between 2014 ($66,877) and 2013 ($63,784). Prices, as measured by the average annual change in the Consumer Price Index for All Urban Consumers (CPI-U, U.S. city average, all items, base period 1982–1984=100) rose by 1.6 percent in 2014, compared with the 4.7 percent increase in spending. In 2013, prices increased by 1.5 percent, compared with the 0.7 percent decrease in spending. This report highlights spending patterns for 2014 from the CE.

Journal / Series

Volume & Issue

Description

Sponsorship

Date Issued

2016-10-01

Publisher

Keywords

consumers; spending; households; Consumer Price Index; CPI; Consumer Expenditure Survey; CES

Location

Effective Date

Expiration Date

Sector

Employer

Union

Union Local

NAICS

Number of Workers

Committee Chair

Committee Co-Chair

Committee Member

Degree Discipline

Degree Name

Degree Level

Related Version

Related DOI

Related To

Related Part

Based on Related Item

Has Other Format(s)

Part of Related Item

Related To

Related Publication(s)

Link(s) to Related Publication(s)

References

Link(s) to Reference(s)

Previously Published As

Government Document

ISBN

ISMN

ISSN

Other Identifiers

Rights

Rights URI

Types

unassigned

Accessibility Feature

Accessibility Hazard

Accessibility Summary

Link(s) to Catalog Record