eCommons

DigitalCollections@ILR
ILR School
 

Consumer Expenditures in 2011

dc.contributor.authorBureau of Labor Statistics
dc.date.accessioned2020-11-25T15:42:03Z
dc.date.available2020-11-25T15:42:03Z
dc.date.issued2013-04-01
dc.description.abstract[Excerpt] Consumer spending increased for the first time in three years based on 2011 data from the Consumer Expenditure Survey (CE). Consumer units’ (CUs) average annual expenditures increased from $48,109 in 2010 to $49,705 in 2011. This 3.3-percent rise followed a 4.8-percent drop from 2008 to 2010. Even with the increase, spending is still below the 2008 level of $50,486. The rise in expenditures in 2011 was due in part to a rise in incomes from 2010 to 2011 and the effect of inflation on prices paid by consumers. Average annual income before taxes increased 1.9 percent from $62,481 in 2010 to $63,685 in 2011. The average 2011 income was just $122 higher than the average income in 2008. 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) rose by 3.2 percent in 2011, just below the 3.3-percent increase in spending. In 2010, prices increased by just 1.6 percent. The remainder of this report highlights consumer spending patterns for 2011 from the CE.
dc.description.legacydownloadsBLS_Consumer_Expenditures_in_2011.pdf: 27 downloads, before Oct. 1, 2020.
dc.identifier.other9771929
dc.identifier.urihttps://hdl.handle.net/1813/78822
dc.language.isoen_US
dc.subjectconsumers
dc.subjectspending
dc.subjecthouseholds
dc.subjectConsumer Price Index
dc.subjectCPI
dc.subjectConsumer Expenditure Survey
dc.subjectCES
dc.titleConsumer Expenditures in 2011
dc.typeunassigned
local.authorAffiliationBureau of Labor Statistics: True

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
BLS_Consumer_Expenditures_in_2011.pdf
Size:
775.67 KB
Format:
Adobe Portable Document Format