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 April 30, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.