"Can I help you?": the rise in household spending on services
Author
Renée Béland, Don LittleOrganization
Statistics CanadaPublished
1999Summary
Consumer expenditures by households are increasingly a driving force behind economic growth, and are affected by several factors. Consumer tastes can shift over time, as new commodities are introduced and others become outdated. Changes in the demographic, economic and social characteristics of consumers can also affect consumer preferences, as can shifts in the relative prices, utilities and quality levels of various goods and services.Based on Family Expenditure Survey data for both 1986 and 1996, this study examines how the household consumption of services has shifted over the past decade. Particular attention is paid to spending on: communications services; finance and real estate services; food and beverage services; traveler accommodation services; amusement and recreation services; and personal and household services. Insights are also provided on why household spending patterns for specific service commodities have changed from 1986 to 1996.
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Source: Consumer Policy Research Database