US Consumer Spending Data: Find the Best Consumer Spending Data for the US
In this page, we will explore the best sources for consumer spending data for the US. This data is important for market research, investment decisions, consumer behavior, and other analyses affecting the US. Here you can discover and buy US consumer spending data from the best data providers around.
Recommended Consumer Spending Data
Bright Data | Consumer Spending Datasets - Global Coverage - Get data from any public website
Envestnet | Yodlee's USA Consumer Spending Data (De-Identified) | Row/Aggregate Level | Consumer Data covering 3600+ public and private corporations
Envestnet | Yodlee's De-Identified Spending Data | Row/Aggregate Level | USA Consumer Data covering 3600+ corporations | 90M+ Accounts
Envestnet | Yodlee's De-Identified Credit Card Spending Data | Row/Aggregate Level | USA Consumer Data covering 3600+ corporations | 90M+ Accounts
Prosper: US Signals – Retail Economy & Consumer Spending Forecast
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Everything you need to know about US consumer spending data
What is US consumer spending data?
US consumer spending data refers to statistical information that tracks how much money US households spend on various goods and services. These data are a crucial indicator of the country’s economic health, as consumer spending accounts for a significant portion of the US Gross Domestic Product (GDP).
An example of consumer spending data might be grocery shopping, dining out at restaurants, buying clothes, or paying for services such as gym memberships.
Consumer spending categories are divided into:
- Durable goods (cars, appliances, electronics).
- Nondurable goods (food, fuel, clothing).
- Services (healthcare, education, entertainment).
How large is the US consumer market?
The US consumer market is one of the largest in the world, with total consumer spending amounting to 18 trillion dollars in 2023 (source). This vast amount of spending data makes US consumers a key source of insight into consumer spending data patterns. Their spending behaviors provide a representative picture that can be compared to other major markets like the European Union and China.
What is the largest component of US consumer spending data?
The largest component of consumption spending in the US typically includes categories such as housing (including rent, mortgage payments, and utilities), followed by transportation (including vehicle purchases, fuel, and public transportation), and food (both groceries and dining out), personal insurance and pensions, and healthcare (source).
What are the most popular use cases for US consumer spending data?
- Market Research: Understanding consumer behavior, identifying trends, and forecasting demand.
- Market Data: Analyzing market potential, assessing market share, and conducting sales analysis.
- Investment Research: Analyzing consumer spending patterns to make investment decisions.
- Consumer Analysis: Enhancing customer insights and understanding consumer preferences.