Us Consumer Expenditures In 2007

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Consumer Expenditures in 2007

Internet address: http://www.bls.gov/cex USDL-08-1746
Technical information: 202-691-6900 FOR RELEASE: 10:00 A.M. EST
Media information: 202-691-5902 Tuesday, November 25, 2008

CONSUMER EXPENDITURES IN 2007

Average annual expenditures per consumer unit, which is similar to a
household, rose 2.6 percent in 2007 following an increase of 4.3 percent in 2006,
according to results from the Consumer Expenditure Survey released by the Bureau
of Labor Statistics of the U.S. Department of Labor. Spending kept pace with
inflation in 2007 as the increase in expenditures from 2006 to 2007 was close to
the 2.8 percent rise in the annual average Consumer Price Index (CPI-U) over
this period.

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