Disposable income and consumption
May 17, 2005
In general, consumption is lower than disposable income for most households.
But two household types stand out. Single elderly and single mothers have the lowest level of adjusted income and consumption of any households examined. They are also the only two family types that have higher consumption than income.
But those are the only characteristics these two disadvantaged households share. The single elderly had the largest percentage improvements of any of the other family types in the 1981-2001 period. Single mothers began and ended this period with the lowest average levels of both consumption and income.
These data on disposable income and consumption are a product of the Consumer Expenditure Survey. To learn more, see "Economic inequality through the prisms of income and consumption," by David Johnson, Timothy Smeeding, and Barbara Boyle Torrey, Monthly Labor Review, April 2005.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Disposable income and consumption on the Internet at http://www.bls.gov/opub/ted/2005/may/wk3/art02.htm (visited March 02, 2015).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.