On December 4, 2014, the percentage of total expenditures on gifts of goods and services for housing was incorrectly published as 18.6 percent within the data table associated with the chart. The correct value of 18.7 percent was published on December 8, 2014.
December 04, 2014
In 2013, gifts of goods and services accounted for 2 percent of total consumer spending. Among these gifts, consumers spent the largest share on education (25 percent). Most education gifts were for college tuition.
Nineteen percent of gift spending was for housing-related items in 2013. Among housing-related items, the largest share was for housing while attending school.
Eighteen percent of gift spending went toward apparel and services. Consumers spent 7 percent on apparel and services for women and girls age 2 and older, compared with 5 percent for men and boys age 2 and older.