Sunday, May 3, 2009

Consumer Expenditures in 2007

Source: Bureau of Labor Statistics.

Consumer units (CUs) spent $49,638, on average, in 2007, a 2.6-percent increase over the previous year. This was a more moderate increase than the 4.3-percent growth in spending in 2006 and the 6.9-percent increase in 2005. The increase in consumer expenditures in 2007 was close to the 2.8-percent increase in the Consumer Price Index for All Items (CPI-U) in 2007. This report shows the latest results from the Bureau of Labor Statistics (BLS) Consumer Expenditure Survey (CE).

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