Expenditures on apparel down in 2003
July 06, 2005
Among the major components of consumer spending, only the apparel and services category saw statistically significant change in 2003, a 6.2-percent decrease.
The decrease in spending on apparel and services in 2003 was similar to the 6.1-percent decline in 2001. Spending on apparel and services rose just 0.3 percent in 2002.
Spending decreased in 2003 for men’s and boys’ apparel (-9.2 percent), women’s and girls’ apparel (-9.9 percent), apparel for children under 2 years (-1.4 percent), and footwear (-6.1 percent), whereas spending on other apparel products and services rose 7.8 percent. This last category includes items such as watches and jewelry, and services such as laundry, and drycleaning.
The trend in the share of total expenditures spent on apparel and services has been downward over the last several years, possibly due to the competition from cheaper imported clothing as well as a shift to more casual, less expensive styles. In 1993, apparel and services accounted for 5.5 percent of total spending; by 2003, the share had fallen to 4.0 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Expenditures on apparel down in 2003 on the Internet at http://www.bls.gov/opub/ted/2005/jul/wk1/art02.htm (visited July 04, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.