The total consumer spending on clothing and footwear in Europe was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the fashion-related spending is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case footwear-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending on clothing and footwear in countries like Australia & Oceania and Caribbean.
Survey of Household Spending (SHS), average household spending on detailed food categories.
The average daily time spent reading by individuals in the United States in 2023 amounted to **** hours, or **** minutes. According to the study, adults over the age of ** were the most avid readers, spending over ** minutes reading each day. Meanwhile, those aged between 15 and 19 years read for less than **** minutes per day on average. Reading and COVID-19 Daily time reading increased among most consumers between 2019 and 2020, part of which could be linked to the unprecedented increases in media consumption during COVID-19 shutdowns. The mean annual expenditure on books per consumer unit also increased year over year, along with spending on digital book readers. Book reading habits A 2020 survey on preferred book formats found that ** percent of U.S. adults favored print books over e-books or audiobooks. However, engagement with digital books is growing. Figures from an annual study on book consumption revealed that the share of adults who reported reading an audiobook in the last year almost doubled between 2011 and 2019, and e-book readership also grew overall during that period.
According to a 2024 conducted survey on fast food consumption and spending habits in Australia, those aged between 40 and 49 years old had the highest spending per month on fast food, at an average of ** Australian dollars. Following closely, respondents aged 18 to 39 shelled out on average *** Australian dollar less per month than 40 to 49-year-olds. Those aged 70 and over recorded the lowest average monthly expenditure on fast food across the age groups surveyed.
According to a recent study, average spending per head during the Christmas period in 2023 is expected to vary between just below 700 British pounds in North East to around 980 British pounds in London in the United Kingdom (UK).
Of the average household Christmas budget in Canada, the majority is spent on gifts, according to data compiled in 2023. Decorations were calculated to be the next biggest expenditure, only narrowly beating food. The budget for this data refers to the calculated cost of how much the average Canadian spends on Christmas items, rather than the budget Canadian holiday shoppers set for themselves. Canadian Christmas budgets The holiday season is a busy time in the retail sector, with consumers typically spending more than usual. With so many presents to buy, special events, parties, and gatherings, it is no wonder that the majority of consumers spend even more than they planned for over the Christmas period. A fair share of shoppers exceeded their budget by over ************ Canadian dollars. But it would appear this spending comes from a place of love, as the consumers in Canada planned to spend the most money on their family. The lingering effects of COVID-19 Whilst it looks like Christmas will not be affected by coronavirus as much as in 2020, consumers still have reservations going into the holiday shopping season, above all crowded stores, and the risks that being in close proximity with many people brings. A further, indirect result of the pandemic is the delayed supply chain. Many shoppers worry that their goods will not reach them in time for Christmas, or that they may not be available at all.
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The total consumer spending on clothing and footwear in Europe was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the fashion-related spending is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case footwear-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending on clothing and footwear in countries like Australia & Oceania and Caribbean.