December 05, 2003 (The Editor’s Desk is updated each business day.)

Spending on entertainment in 2002

Consumer spending on entertainment was up 6.5 percent in 2002, following an increase of 4.8 percent in 2001.

[Chart data—TXT]

The increase in entertainment spending in 2002 was the second largest increase among the major components of spending; the biggest increase was in health care spending. 

Households spent an average of $2,079 on entertainment in 2002, about 5 percent of total expenditures.

These data come from the Consumer Expenditure Survey. Entertainment expenditures are divided into four categories: fees and admissions; television, radios, and sound equipment; pets, toys, and playground equipment; and other entertainment supplies, equipment, and services. For more information, see news release USDL 03-759, "Consumer Expenditures in 2002" (PDF) (TXT).

 

Related TED article:

• Largest rise in consumer spending in 2002: health care