Spending drops on apparel in 2001
December 04, 2002
Average annual expenditures per consumer unit rose 3.9 percent in 2001, following increases of 2.8 percent in 2000 and 4.1 percent in 1999. The increase in expenditures from 2000 to 2001 was more than the 2.8 percent annual average rise in the Consumer Price Index (CPI) over this period.
The changes in expenditures from 2000 to 2001 varied among the major components of spending and are not strictly comparable to previous data for some items. Spending on apparel and related services decreased by 6.1 percent, following an increase of 6.5 percent in 2000.
Spending on food and transportation rose by 3.2 percent and 2.9 percent, respectively. Spending on housing, health care, and entertainment all rose more than the overall average, ranging from 4.8 to 5.6 percent, respectively. Expenditures on personal insurance and pensions showed the largest increase of all the components, 11.1 percent.
Beginning in 2001, the Consumer Expenditures Interview Survey includes information collected from respondents using income ranges or brackets in addition to discrete income amounts, as provided in the past. This affects expenditure components derived from income data. The increase in personal insurance and pensions was largely due to increases in deductions for Social Security, which are computed from reported salary amounts.The Consumer Expenditure Survey is the source of these data. Consumer Expenditure Survey data also include the expenditures and income of consumers, as well as the demographic characteristics of those consumers. For more information, see news release USDL 02-667, "Consumer Expenditures in 2001."
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Spending drops on apparel in 2001 on the Internet at http://www.bls.gov/opub/ted/2002/dec/wk1/art03.htm (visited October 21, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.