Americans' Discretionary Spending Reaches Five-Year High
by No Labels on Sep 7, 2013 | Views: 314 | Score: 3
|Average Daily Spending ($)|
July Average of Discretionary Spending by Americans, 2008-2013
Everyday Spending of Americans
As a result of the economic downturn and the subsequent high unemployment rate, Americans everyday, discretionary, spending precipitously declined to average below $80 from 2009-2013. This was a dramatic change from 2008, with several months of averages over $100 on this spending. August's average of $95 is the highest in five years.