Retail Goods and Services Expenditures Report
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Retail Goods and Services Expenditures Report Information
Retail Goods and Services Expenditures Report Usage
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Retail Goods and Services Expenditures Report Overview
The Retail Goods and Services Expenditures report details total dollar amount and average amount per household spent on retail goods and services such as food, apparel, travel, and insurance. A spending potential index (SPI) compares the amount spent in a specified area to the U.S. average.
Key variables used in this report include:
- 2007 and 2012 Population, Households, Families, Median Age, and Median Household Income
- 2006 total and average amount spent on retail goods and services such as:
- Apparel and services
- Child care
- Computers
- Entertainment fees and admissions
- Food at home
- Food away from home
- Gasoline and motor oil
- Household furnishings and equipment
- Housekeeping supplies
- Insurance
- Investments
- Pets
How to Use Retail Goods and Services Expenditures Reports
Discover how much consumers in a specified area are spending on specific retail goods.
Example: Consider whether consumers are spending more or less money on food away from home than in previous years before deciding whether to expand your restaurant business.
Who Should Use Retail Goods and Services Expenditures Reports
Anyone looking to understand how people are spending money on retail goods and services in a specified area, including:
- Insurance Agents
- Financial Advisors
- Small Business Owners
- Restaurant Owners
- Daycares
- Government Agencies
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