Consumer expenditures in 2003
December 01, 2004
At $40,817, average annual expenditures per consumer unit were essentially unchanged in 2003, up 0.3 percent. This followed increases of 2.9 percent in 2002 and 3.9 percent in 2001.
Among the major components of spending, the only statistically significant change from 2002 to 2003 was a 6.2-percent decrease in spending on apparel and services. Average expenditures on food and entertainment decreased over the period, 0.7 and 0.9 percent respectively, whereas housing rose 1.1 percent, transportation rose 0.3 percent, and health care rose 2.8 percent.
Whereas expenditures showed little change from 2002 to 2003, there was a 2.3 percent annual average rise in the Consumer Price Index (CPI) over this period.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer expenditures in 2003 on the Internet at https://www.bls.gov/opub/ted/2004/nov/wk5/art03.htm (visited January 20, 2018).
Recent editions of Spotlight on Statistics
Industry on Tap: Breweries
A look at employment, wages, and job safety in breweries and producer prices for beer.
Differences in Parents’ Time Use between the Summer and the School Year
A look at how parents of school-age children spend their time in the summer and the school year.
Hispanics in the United States: Celebrating National Hispanic Heritage Month
A look at employment, earnings, consumer spending, time use, and workplace injuries and illnesses for the Hispanic or Latino U.S. population.
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.