Consumer expenditures in 2005
November 09, 2006
Average annual expenditures per consumer unit rose 6.9 percent in 2005, following an increase of 6.3 percent in 2004 and 0.3 percent in 2003.
The increase in expenditures from 2004 to 2005 was more than the 3.4-percent rise in the annual average Consumer Price Index (CPI) over this period.
Statistically significant increases in spending on housing (9.0 percent) and transportation (7.0 percent), the largest components of spending, contributed to the overall increase in 2005. Increases for food (2.6 percent) and personal insurance and pensions (7.9 percent) also were statistically significant. Spending on apparel and services (3.9 percent), health care (3.5 percent), and entertainment (7.7 percent) also rose in 2005, but these increases were not statistically significant.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer expenditures in 2005 on the Internet at http://www.bls.gov/opub/ted/2006/nov/wk1/art04.htm (visited October 08, 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.