News

Illinois Consumer Spending Up Dramatically

Illinois Consumer Spending Up Dramatically

Photo: clipart.com

Just a year after they had seen the worst of the Great Recession, Illinois consumers were spending more than they were before the economic downturn.

New federal data show that the average Illinois resident’s consumer spending has also grown faster than the average American consumer since that 2009 low. Data from the U.S. Bureau of Economic Analysis released Thursday show spending by the average Illinois consumer increased 11.3 percent between 2009 and 2012. That’s ahead of the country’s 10.7 percent growth.

People in Illinois spent, on average, $36,292 each on consumer goods in 2012. The average for all Americans was $35,498.

The largest expenses were for health care and housing and utilities. Each of those two cost more than $6,000 per person in Illinois.

Recent Headlines

in Entertainment, Sports

Shaq sings Bon Jovi song at crowded college bar

Fresh
shaq

WATCH: The basketball legend jumped on stage at an LSU-area bar to belt out a Bon Jovi classic.

in Entertainment

Rihanna, Kardashian among latest victims of photo hackers

Fresh
rihanna

Gabrielle Union, Meagan Good, and Hayden Panettiere are reportedly also among the latest celebrities to have shots posted online.

in Music, Entertainment

The Biebs filmed a music video with The Hoff

Fresh
hasselhoff

David Hasselhoff has been recruited by Justin Bieber and Cody Simpson to star in a new music video.

in Music

U2 star to develop homes in California

Fresh
theedge

The Edge has won a long-running battle to develop his land in California.

in Music, Entertainment

‘Supergroup’ helps Will Ferrell support cancer charity

Fresh
willferrell

Chad Smith, Duff McKagan, and Mike McCready put aside their "feud" with the "Anchorman" star to benefit a good cause.