Tuesday, November 30, 2004
Tweet[IWS] BLS: CONSUMER EXPENDITURES IN 2003 [30 November 2004]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
CONSUMER EXPENDITURES IN 2003 [30 November 2004]
http://www.bls.gov/news.release/cesan.nr0.htm
or
http://www.bls.gov/news.release/pdf/cesan.pdf
[full-text, 2 pages]
Average annual expenditures per consumer unit were essentially unchanged in
2003, up 0.3 percent, following increases of 2.9 percent in 2002 and 3.9 percent in 2001,
according to results from the Consumer Expenditure Survey released by the Bureau of
Labor Statistics of the U.S. Department of Labor. Whereas expenditures showed little
change from 2002 to 2003, there was a 2.3 percent annual average rise in the Consumer
Price Index (CPI) over this period.
Among the major components of spending, the only statistically significant
changes from 2002 to 2003 were a 6.2-percent decrease in spending on apparel and
services and a 4.0-percent increase in personal insurance and pensions. Average
expenditures on food and entertainment decreased over the period, 0.7 percent and 0.9
percent, respectively, whereas housing rose 1.1 percent, transportation rose 0.3 percent,
and health care rose 2.8 percent.
AND MORE...including TABLES....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
CONSUMER EXPENDITURES IN 2003 [30 November 2004]
http://www.bls.gov/news.release/cesan.nr0.htm
or
http://www.bls.gov/news.release/pdf/cesan.pdf
[full-text, 2 pages]
Average annual expenditures per consumer unit were essentially unchanged in
2003, up 0.3 percent, following increases of 2.9 percent in 2002 and 3.9 percent in 2001,
according to results from the Consumer Expenditure Survey released by the Bureau of
Labor Statistics of the U.S. Department of Labor. Whereas expenditures showed little
change from 2002 to 2003, there was a 2.3 percent annual average rise in the Consumer
Price Index (CPI) over this period.
Among the major components of spending, the only statistically significant
changes from 2002 to 2003 were a 6.2-percent decrease in spending on apparel and
services and a 4.0-percent increase in personal insurance and pensions. Average
expenditures on food and entertainment decreased over the period, 0.7 percent and 0.9
percent, respectively, whereas housing rose 1.1 percent, transportation rose 0.3 percent,
and health care rose 2.8 percent.
AND MORE...including TABLES....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 6:36 PM
