In a time of inflation and rising prices, it becomes important to study data that shows us the gears and cogs of the economy. This data can help us understand how consumers are reacting and helps businesses and households plan for the future.

The Qualtrics team shows us what Americans are spending the most money on and how that spending breaks down by income category.

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What Do Americans Spend the Most on Each Year?

 

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Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.