In 2023, the average annual expenditure of consumer units in the United States increased by 5.9 percent from the previous year. Since 2021, the annual consumer expenditure has continued to increase. This significant increase could be attributed to changes in consumer behavior as a result of the COVID-19 pandemic.
Average annual consumer expenditure in the U.S. by type of expenditure can be found here.
Percentage change in average annual consumer expenditure of consumer units in the United States from 1990 to 2023
Consumer units include families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share expenses.
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Bureau of Labor Statistics. (September 25, 2024). Percentage change in average annual consumer expenditure of consumer units in the United States from 1990 to 2023 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/247480/percentage-of-change-in-annual-us-consumer-expenditures/
Bureau of Labor Statistics. "Percentage change in average annual consumer expenditure of consumer units in the United States from 1990 to 2023." Chart. September 25, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/247480/percentage-of-change-in-annual-us-consumer-expenditures/
Bureau of Labor Statistics. (2024). Percentage change in average annual consumer expenditure of consumer units in the United States from 1990 to 2023. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/247480/percentage-of-change-in-annual-us-consumer-expenditures/
Bureau of Labor Statistics. "Percentage Change in Average Annual Consumer Expenditure of Consumer Units in The United States from 1990 to 2023." Statista, Statista Inc., 25 Sep 2024, https://www.statista.com/statistics/247480/percentage-of-change-in-annual-us-consumer-expenditures/
Bureau of Labor Statistics, Percentage change in average annual consumer expenditure of consumer units in the United States from 1990 to 2023 Statista, https://www.statista.com/statistics/247480/percentage-of-change-in-annual-us-consumer-expenditures/ (last visited December 30, 2024)
Percentage change in average annual consumer expenditure of consumer units in the United States from 1990 to 2023 [Graph], Bureau of Labor Statistics, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/247480/percentage-of-change-in-annual-us-consumer-expenditures/