Trends in consumer expenditures and prices for public...

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© Janice A. Beecher, Ph.D. INSTITUTE OF PUBLIC UTILITIES | MSU ipu.msu.edu | [email protected] Please do not distribute by electronic or other means or cite without permission. Revised 2/25/2020 MICHIGAN STATE UNIVERSITY Trends in consumer expenditures and prices for public utilities (2020)

Transcript of Trends in consumer expenditures and prices for public...

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© Janice A. Beecher, Ph.D.

INSTITUTE OF PUBLIC UTILITIES | MSU

ipu.msu.edu | [email protected]

Please do not distribute by electronic or other means

or cite without permission.

Revised 2/25/2020

MICHIGAN STATE UNIVERSITY

Trends in consumer expenditures and prices for

public utilities (2020)

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Introduction

This research summary is based on data from the Bureau of Labor Statistics of the U.S. Department of Labor (https://www.bls.gov/data)

Data are provided on both household expenditures and the consumer price index (CPI) with a focus on public utility services

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Household expenditures on utilities in the U.S.

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Household expenditures on utilities over time

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Utilities expenditures by income level and regressivity

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Change in percentage of expenditures on utilities

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Trends in expenditures by income

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Trends in expenditures by region

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Trends in expenditures by area

5%

10%

15%

20%

25%

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,50019

84

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

Consumer expenditures on utilities by urban and rural area

Rural

Urban

Rural %

Urban %

Source: IPU-MSU based on BLS data.

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Trends in expenditures by housing

5%

10%

15%

20%

25%

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,00019

84

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

Consumer expenditures on utillities by housing

Owners

Renters

Owners %

Renters %

Source: IPU-MSU based on BLS

data.

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CPI trends for utilities (US)

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CPI trends for utilities (US)

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CPI trends for household expenditures (US)

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Expenditure and price trends combined

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Expenditure and price trends combined

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Expenditure and price trends combined

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Expenditure and price trends combined

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