CONSUMER EXPENDITURES--2018

"Average expenditures per consumer unit(1) for 2018 were $61,224, a 1.9-percent increase from 2017 levels, the U.S. Bureau of Labor Statistics reported today. During the same period the Consumer Price Index (CPI-U) rose 2.4 percent and average pretax income increased by 6.9 percent.

Nine of the 10 largest components of household spending increased during 2018.(See table A.) The 7.8-percent rise in personal insurance and pensions expenditures was the largest percentage increase among all major components, followed by a 2.5-percent rise in food. The only decrease among the largest components was a 5.6-percent drop in education spending..."
Consumer spending