Consumer Spending
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhP31MdMJNM4txXs3tKSOkfSOQRF03gKofYydaIIGnRjeBsEbDHbxwFop_6l-yplgRokblu9EPaHZ-zsy_oodB-ydyiQeLjmHxlYdOCKajU9tlNLGsOIU5VmKYfQ8umAOkoLLLe9j5oMDvU/s400/wheredidthemoneygo.jpg)
Carpe Diem Blog: From Visual Economics, a graphical representation appears above (click to enlarge) of Consumer Expenditures in 2007, using data from the Bureau of Labor Statistics. Note that total spending on food ($6,133), clothing ($1,881) and housing ($16,920) represented 50% of consumer expenditures and 30% of income before taxes in 2007. In 1997 by comparison, 51.1% of consumer expenditures were spent on food, clothing and housing, and 44.6% of income before taxes was spent on food, clothing and housing (data here).
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