Elaine: I have been working on this for the next CIA.  Dramatic declines in spending for auto purchases starting around 2004 or so is a major factor.  Alan  

 

From: ctpp-news-bounces@chrispy.net [mailto:ctpp-news-bounces@chrispy.net] On Behalf Of Elaine.Murakami@dot.gov
Sent: Friday, October 26, 2012 12:58 PM
To: ctpp-news@chrispy.net
Subject: [CTPP] Consumer Expenditures 25 year comparison

 

http://www.bls.gov/opub/btn/volume-1/a-comparison-of-25-years-of-consumer-expenditures-by-homeowners-and-renters.htm

 

This report finds that the share of household expenditures for transportation has dropped by 5 percent for homeowners, and 4 percent for renters, and the share of expenditures for housing has increased by 3 percent for homeowners, and 5 percent for renters.   Despite the drop in the share for  transportation overall, the share spent on GASOLINE has increased.  People keep vehicles for many more years (as reflected in the National Household Transportation Survey results http://nhts.ornl.gov/2001/pub/STT.pdf

, so the costs of ownership are amortized over a longer period of time.

 

Hi Everyone – I posted this link to the CTPP Facebook page, but since there are MORE of you on the CTPP listserv, I decided I should share it here. Also, please note that previously you had to PAY for CES microdata, but it is NOW FREE.  http://www.bls.gov/cex/pumdhome.htm

 

Elaine Murakami

FHWA Office of Planning

206-220-4460 (in Seattle)

 



__________ Information from ESET Smart Security, version of virus signature database 7631 (20121026) __________

The message was checked by ESET Smart Security.

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__________ Information from ESET Smart Security, version of virus signature database 7631 (20121026) __________

The message was checked by ESET Smart Security.

http://www.eset.com