The Bureau of Labor Statistics recently published the Consumer Expenditure Survey (CE) program consists of two surveys, the Quarterly Interview Survey and the Diary Survey, that provide information on the buying habits of American consumers, including data on their expenditures, income, and consumer unit (families and single consumers) characteristics. The survey data are collected for the Bureau of Labor Statistics by the U.S. Census Bureau. The information can be found here.
This information gives great insight as to what Americans across several financial levels are spending the most money (and time) on. The charts shows alarming differences when it comes to transportation, as the middle class spends an alarming rate when it comes to transportation.
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May 2023
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