October 2, 2025
Seemingly simple as one number, household spending varies when we know the head's age and compare 2022 to 1972.
Seemingly simple as one number, household spending varies when we know the head's age and compare 2022 to 1972.
Whether it's breakfast or lunch, a look at sandwich economics tells us about our food tradeoffs and our GDP spending.
Looking closely at food spending, we see that, based on where, when, age, income and eductaion, it will vary.
By looking at one hundred years of consumer spending history, we can see how our food, housing, and clothing reflected our growing affluence.
Knowing that statisticians suggest iPhone users tend to be more affluent than Android owners, we can hypothesize how their spending differs.