Publication Date

2-2007

Abstract

[Excerpt] Consumer units spent $46,409, on average, in 2005, a 6.9-percent increase over the previous year. This was slightly higher than the 6.3-percent growth in spending from 2003 to 2004. However, the introduction of income imputation in 2004 accounted for approximately 30 percent of that annual change due to increases in the pensions and Social Security component of expenditures. The release of the 2005 data marks the availability of 2 years of directly comparable data that include imputed incomes. Consumer expenditures rose more than the 3.4-percent increase in the Consumer Price Index (CPI) for all items in 2005. This report shows the latest results from the Bureau of Labor Statistics Consumer Expenditure Survey (CE).

Comments

Suggested Citation
U.S. Department of Labor, Bureau of Labor Statistics. (2007). Consumer expenditures in 2005 (BLS Report No. 998). Washington, D.C.: Author.

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