The Consumer Expenditure Surveys
(CE) program collects expenditures, demographics, and income data from families and households.
To identify which categories of expenditures are consumed in greater or smaller proportions as income rises, I analyze US consumption data from the annual Bureau of Labor Statistics' Consumer Expenditure Survey
Data from the Bureau of Labor Statistics' Consumer Expenditure Survey
and the Federal Reserve's Survey of Consumer Finances was also used.
The Census Bureau's Consumer Expenditure Survey
(CE) program features two separate surveys: the Interview Survey, for which about 15,000 households will be interviewed once every three months to obtain data on relatively large expenditures, and also for those expenditures that occur on a regular basis, such as rent and utilities; and the Diary Survey, which will require another 12,500 households to keep two consecutive one-week diaries of all purchases during the year, including small, frequently bought items that are normally difficult for respondents to remember later, such as fast food at a drive-through window, a soda or candy bar from a vending machine, or a carton of eggs from the supermarket.
We examine two cohorts of renters and homeowners nearing retirement age using ten years of data from the Consumer Expenditure Survey
The authors propose to study the differences and similarities in the income definitions used in the IRS Statistics of Income program, the Census Bureau Current Population Survey, and the Bureau of Labor Statistics Consumer Expenditure Survey
and present them in a form useful to economists trying to use these different data series.
SOURCES: Consumer Expenditure Survey
, 1984, 2001; AARP
Based on the 2001 Consumer Expenditure Survey
, the $383 billion spent by African American consumers accounts for 5% of all U.
According to a recent analysis of the Census Bureau's annual Consumer Expenditure Survey
by Banc of America equities analyst Arum Rubinson, they are three of the top 10 best growth categories for the next five years.
First, a measurement concern: Data from the Consumer Expenditure Survey
capture out-of-pocket expenditures on health care.
This paper uses data from the Consumer Expenditure Survey
to see if cohabiting couples with children spend their income on a different set of goods (i.
Data from the Consumer Expenditure Survey
are split into quintiles by income rank, where CG1 is the consumption growth associated with the lowest income quintile through CG5, the highest income quintile.