Americans' Discretionary Spending Reaches Five-Year High
by No Labels on Sep 7, 2013 | Views: 355 | Score: 3
| Average Daily Spending ($) | |
|---|---|
| 2008 | 99 |
| 2009 | 65 |
| 2010 | 63 |
| 2011 | 68 |
| 2012 | 77 |
| 2013 | 95 |
July Average of Discretionary Spending by Americans, 2008-2013
Everyday Spending of Americans
Sources:
gallup.com
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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.