Women drive the majority of purchasing. As disheartening as this reality is, there’s another important finding in this study that we’re paying less attention to: Women, on the daily, spend more time than men making economic decisions for their families — from consumer goods to services.

What is the percentage of consumer spending in the United States?

0.7 percent. Consumer spending, or personal consumption expenditures (PCE), is the value of the goods and services purchased by, or on the behalf of, U.S. residents.

Who are the primary grocery shoppers in the United States?

Women and Shopping 80% of women say they are the primary grocery shopper, and 71% say they do both the shopping and are the household member who primarily prepares the meals. (Source: Bureau of Labor and Statistics and Pew Research Center, 2019)

What do people buy in the United States?

The goods and services purchased by, or on behalf of, people living in the United States. Also known as personal consumption expenditures, these statistics are a popular way to gauge the economy’s strength. More detailed data on what people buy is released annually.

How much does the average American spend on consumer goods?

The average American consumer earning a median salary of approximately $74,000 a year spends approximately $18,000 to $19,000 per year on consumer goods as of December 2017, according to the U.S. Bureau of Labor Statistics, the most recently available data, as of Aug. 4, 2019.

What makes up the majority of consumer spending?

Expenditures on consumer goods account for nearly one-third of total consumer spending annually. Consumer goods can be broken down into two categories: durable and non-durable consumer goods. Durable consumer goods are products that have a life span greater than three years.