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The numbers are for average household spending by the age of the reference person. They are obviously far too high for individual spending. You can find the de
by jltsiren 4y ago
The numbers are for average household spending by the age of the reference person. They are obviously far too high for individual spending.
You can find the details behind the first link: https://www.bls.gov/cex/tables/calendar-year/mean-item-share-average-standard-error/reference-person-age-generation-2021.pdf https://www.bls.gov/cex/tables/calendar-year/mean-item-share...
For example, the average Generation X household consists of 3.0 people, including 0.8 children and 0.1 adults of age 65 or older. There are 1.7 earners in the household.