Black Buying Power Tables and Text
Table 5
Average Annual Expenditures by Item as a Percent of After-Tax Money Income for African American Consumers and All Consumers
Expenditures as a Percent of After-Tax Income |
||
African Americans |
All Consumers |
|
| Item | (percent) |
(percent) |
| Food - At Home | 10.1 | 8.3 |
| Food - Away From Home | 4.1 | 5.0 |
| Alcoholic Beverages | 0.6 | 0.8 |
| Shelter | 18.5 | 17.5 |
| Natural Gas | 1.3 | 0.8 |
| Electricity | 3.5 | 2.6 |
| Fuel Oil and Other Fuels | 0.2 | 0.3 |
| Telephone | 3.2 | 2.1 |
| Water and Other Public Services | 0.9 | 0.8 |
| Household Operations | 1.3 | 1.5 |
| Housekeeping Services | 1.0 | 1.3 |
| Household Furnishings and Equipment | 3.5 | 4.1 |
| Apparel | 7.3 | 5.0 |
| Transportation | 18.5 | 17.8 |
| Health Care | 4.4 | 5.1 |
| Entertainment | 3.8 | 4.8 |
| Personal Care Products and Services | 1.5 | 1.2 |
| Reading | 0.3 | 0.5 |
| Education | 1.1 | 1.4 |
| Tobacco and Smoking Supplies | 0.7 | 0.8 |
| Miscellaneous | 1.9 | 2.3 |
| Cash Contributions | 2.3 | 2.7 |
| Personal Insurance and Pensions | 7.6 | 8.8 |
| Average after-tax money income ($) | 24,297 | 33,864 |
Source: Percentages were calculated by the Selig Center for Economic Growth, Terry College of Business, The University of Georgia, based on data obtained from the Consumer Expenditure Survey, Division of Consumer Expenditure Surveys, Office of Prices and Living Conditions, Bureau of Labor Statistics.