DailyMarkets.com - Spending On Energy In 2011 Was Lowest Since ’98 |
| Spending On Energy In 2011 Was Lowest Since ’98 Posted: 26 Feb 2012 06:53 AM PST The charts above show annual personal consumption expenditures from 1995-2011 on “Energy Goods and Services,” which “consists of gasoline and other energy goods and of electricity and gas,” based on BEA data available here. Some interesting observations: 1. The top chart shows that American consumers spent $460 billion (in real 2005 dollars) on “energy goods and services” in 2011, which was the lowest level of spending on energy since $454 billion in 1998, more than a decade ago. 2. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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