The Economics Daily

Bureau of Labor Statistics

The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2024/consumer-spending-increased-for-all-income-groups-from-2022-to-2023.htm. Highlights are below. Consumer spending increased for all income groups from 2022 to 2023 10/28/2024 From 2022 to 2023, average consumer spending increased 5.9 percent, compared with 9.0 percent from 2021 to 2022. Consumer spending increased for all five income groups, ranging from 2.7 percent for households in the second 20 percent of income to 7.3 percent for households in the fourth 20 percent of income. HTML

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