Wednesday, October 8, 2008

Average Annual Expenditures 1986 + 2006


Average annual expenditures for all consumers in 2006: $48,398
Average annual expenditures for all consumers in 1986: $23,886

The annual expenditures graph show and compares how much consumers in the U.S. had spent in 1986 and 2006. This information is important because it allows companys to go and see where their consumer's paychecks are going. This is good for target marketing especially if a company was going to target a group of consumers that had more money to spend on luxury items.

Consumers are spending most of their money on housing and related utilities like electricity to support and live. Transportation is second.

Information taken from U.S. Department of Labor

No comments: