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  • Consumers Back To Feeling Flush: by Neil Shah

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    Consumers are spending at the fastest rate since 2006, with an annual increase of 3.3% in consumer spending. This is slightly higher than the 3.2% annual increase in the cost of goods. Housing accounts for the largest percentage of household spending at 33.8%, followed by transportation at 16.7%. Increased spending was seen in many categories including 8% for transportation, 2.7% for entertainment, and 0.3% for food. Overall incomes rose 1.9% in 2011, contributing to the higher spending levels. The document concludes Americans are generally better off financially than they were four years ago.

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    Consumers are spending at the fastest rate since 2006, with an annual increase of 3.3% in consumer spending. This is slightly higher than the 3.2% annual increase in the cost of goods. Housing accounts for the largest percentage of household spending at 33.8%, followed by transportation at 16.7%. Increased spending was seen in many categories including 8% for transportation, 2.7% for entertainment, and 0.3% for food. Overall incomes rose 1.9% in 2011, contributing to the higher spending levels. The document concludes Americans are generally better off financially than they were four years ago.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    10 views22 pages

    Consumers Back To Feeling Flush: by Neil Shah

    Uploaded by

    Tom Calabrese
    Consumers are spending at the fastest rate since 2006, with an annual increase of 3.3% in consumer spending. This is slightly higher than the 3.2% annual increase in the cost of goods. Housing accounts for the largest percentage of household spending at 33.8%, followed by transportation at 16.7%. Increased spending was seen in many categories including 8% for transportation, 2.7% for entertainment, and 0.3% for food. Overall incomes rose 1.9% in 2011, contributing to the higher spending levels. The document concludes Americans are generally better off financially than they were four years ago.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 22

    Consumers Back to Feeling Flush

    by Neil Shah

    T H O M A S CA L A BR E SE

    Fastest Rate of Spending Since 2006


    anual increase by 3.3%

    Fastest Rate of Spending Since 2006

    woo!
    *Source: omas Calabrese

    anual increase by 3.3%

    How Americans Spend


    Housing

    2000 vs. 2011

    eir Money
    Other

    33.8%

    Transportation

    16.7%

    10.3%

    Food

    7.7%

    Health Care Personal Insurance

    Dinning/takeout

    10.9%

    6.7%

    5.3% 5.2%

    Entertain.

    Clothes

    3.5%

    *Source: Labor Department

    Beyond

    eed consumer expenses

    e Basics

    *Source: Labor Department & e Wall Street Journal Photos: Getty Images

    Now Time For Some:

    Now Time For Some:

    arithmetic
    * e oldest and most elementary branch of mathematics

    increase in anual consumer spending

    3.3%

    increase in anual consumer spending

    increase in anual cost of goods

    3.3% 3.2%

    0.1%
    progress
    *Source: Google Calculator

    We In Fact Are Better O

    if you believe an increase in spending is good for the economy

    an We Were 4 Years Ago

    thanks bill!

    *Photo: NPR.org

    Well Great, How Did

    2011 average income increased by 1.9%

    is Happen?

    Well Great, How Did

    2011 average income increased by 1.9%

    is Happen?

    *Photo: Business Insider

    8% increase in consumer spending on transportation

    Some More Positive Statistics

    8% increase in consumer spending on transportation

    Some More Positive Statistics

    *Photo: About.com

    2.7% increase in consumer spending on entertainment

    Some More Positive Statistics

    2.7% increase in consumer spending on entertainment

    Some More Positive Statistics

    *Photo: WPTV

    .3% increase in consumer spending on food

    Some More Positive Statistics

    .3% increase in consumer spending on food

    Some More Positive Statistics

    *Photo: iowntheworld.com

    ings Are Looking Up For Most


    Im better o than I was 4 years ago.

    Good Night, & Good Luck


    Now spend like its 2006 again

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