March 16, 1999
Consumer units spent $34,819 on average in 1997, an increase of 3 percent over the previous year. Spending on health care averaged $1,841, an increase of 4 percent. Health care expenditures had risen 2 percent in 1996, after decreasing the previous two years.
Health insurance, the largest component of health care expenditures, rose 6.6 percent in 1997, following a decrease of 4 percent in 1996. Expenditures on prescription and nonprescription drugs rose by 6 percent, while spending on medical supplies rose 11 percent. Consumer units increased their expenditures on medical services 2 percent.
In 1997, younger consumer units (reference persons under 25 years of age) spent 10 percent more on health care than a year earlier, largely due to increased spending on health insurance. In contrast, older consumer units (reference person age 75 and over) spent about 4 percent less on health care. However, older consumers still spent a much larger portion of their total income on health care than younger consumers (14 to 2 percent).
These data are a product of the BLS Consumer Expenditure Survey. Additional information is available from "Consumer Expenditures in 1997", Report 927. Expenditures data on health care track consumers' out-of-pocket expenses.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Medical care spending climbs again in 1997 on the Internet at http://www.bls.gov/opub/ted/1999/mar/wk3/art02.htm (visited February 27, 2015).
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.