Friday, May 5, 2023

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2023/consumer-expenditures-rise-8-6-percent-in-april-june-2022-quarter-compared-with-year-earlier.htm. Highlights are below.

Consumer expenditures rise 8.6 percent in April–June 2022 quarter compared with year earlier

05/05/2023

From April to June of 2022, total expenditures averaged $18,059 per consumer unit, an increase of 8.6 percent over the same period in 2021. The largest percentage increase was in transportation spending, a gain of 16.5 percent to a total of $3,215 per household for the quarter.

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