The team at Qualtrics studied data from the U.S. Bureau of Labor Statistics to figure out where Americans are spending the most money. The data is distributed among categories and defined among different income levels. The findings reveal that essentials top the list, but Americans are struggling to afford these essentials, too.
Here are the spending categories ranked:
1. Housing
2. Transportation
3. Food
4. Personal Insurance
5. Healthcare
6. Utilities, fuel, and public services
7. Entertainment
8. Household furnishings
9. Apparel
10. Personal care products and services
11. Alcoholic beverages
12. Tobacco products
Explore the chart to discover a wealth of details and insight about the state of today’s economy and the American consumer.
Brought to you by: Qualtrics.com
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