Question of the Day

In 2012, the average U.S. household made $37,776 in consumer expenditures for food, housing, clothing, transportation, and healthcare combined. Was this more or less than combined federal, state, and local government expenditures per U.S. household?

Correct Answer

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In 2012, federal, state, and local governments spent a combined total of $5.788 trillion or an average of $47,802 for every household in the U.S. This is 27% more than household consumer expenditures for food, housing, clothing, transportation, and healthcare combined.

DocumentationHousehold Consumer Spending Government Spending