A decade of consumer spending

01/10/2006 | Advertising Age (tiered subscription model)

Data from the U.S. Bureau of Economic Analysis reveals the average American household spent $1,500 a week in 2005; over the past 10 years, consumer spending went up 23%, accounting for inflation. An analysis of a decade of economic data also reveals a growing gap between the richest and poorest Americans, a tripling in the number of housing units valued at $1 million or more and a dramatic spike in education levels and earning power among women.

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