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Spending Patterns of High-income Households

dc.contributor.authorBureau of Labor Statistics
dc.date.accessioned2020-11-25T15:47:35Z
dc.date.available2020-11-25T15:47:35Z
dc.date.issued1998-11-01
dc.description.abstract[Excerpt] Although, less than 6 percent of the Nation’s consumer units (CUs) had annual incomes of more than $90,000 in 1994-95, these households accounted for over 14 percent of total annual spending. High income households spent about $405 billion of the $2.8 trillion total outlays of complete income reporter households. These high-income households, on average, spent more than other households (see table), and they allocated their expenditures differently (see chart). Households with annual incomes of more than $90,000, allocated larger shares to food away from home; housing operations, supplies and furnishings; personal insurance and pensions; cash contributions; entertainment; and apparel and services. Households with lower annual incomes allocated larger shares to food at home, shelter and utilities, transportation, and health care.
dc.description.legacydownloadsSpending_Patterns.pdf: 62 downloads, before Oct. 1, 2020.
dc.identifier.other4076991
dc.identifier.urihttps://hdl.handle.net/1813/78949
dc.language.isoen_US
dc.subjectspending
dc.subjecttrends
dc.subjectexpenditure
dc.subjecthigh income
dc.subjecthouseholds
dc.titleSpending Patterns of High-income Households
dc.typegovernment record
local.authorAffiliationBureau of Labor Statistics: True

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