Tag: Household

Japan’s Dec real wages, household spending fall again

By Kaori Kaneko TOKYO (Reuters) – Japan’s real wages fell for a 21st straight month though at a slower pace, while household spending dropped for a tenth consecutive month, showing that inflation outpaced wage recovery and continued to weigh on consumer spending. Japan’s wage trend, along with inflation, is closely watched, with the Bank of […]

The Average American’s Household Expenses Are $6,081 A Month Or $72,967 A Year — But The Median Annual Household Income Is Just $74,580

With inflation impacting budgets, many are seeking ways to manage their expenses effectively. The 2022 Consumer Expenditure Survey by the Bureau of Labor Statistics reveals that the average American household’s monthly expenses total approximately $6,081, equating to $72,967 annually. This amount includes costs for housing, transportation, food and other essential categories​​. For a family of […]