Boston Real Estate Investors Association

The way in which Americans allocate their finances

The Impact of Consumer Spending on U.S. GDP

The Visual Capitalist says consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs.  Today’s graphic shows the average annual expenditures of Americans, based on data from the Consumer Expenditures Survey 2023 by the Bureau of Labor Statistics.  Stay safe and have a Happy Friday!!!

visual capitalist

Hat tip to the Visual Capitalist.

The post How Americans Spend their Money appeared first on Real Estate Investing Today.

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