Consumer Spending Overview
- Women lead in consumer spending: Women account for 70-80% of consumer purchases, leaving men with 20-30%.
- Credit card usage: Women handle 53% of US credit card expenditures, men manage 47%.
Shopping Habits
- Shopping time: Women dedicate 379 minutes weekly to shopping, while men spend 263 minutes.
- Online shopping: Women spend 47% of their shopping time online, men 39%.
- Mobile purchases: Half of men shop via mobile, compared to 45% of women.
Spending Categories
- Clothing: Women invest $62 monthly on apparel; men, $53.
- Electronics: Men splurge 110% more on gadgets than women.
- Footwear: Men’s shoe spending is 151% higher than women’s.
- Personal care: Women spend $135 monthly on personal care items, men $85.
- Groceries: Women’s monthly grocery bill is $316, slightly higher than men’s at $304.
- Alcohol: Men spend $1,271 annually on alcohol, compared to women’s $724.
Social and Entertainment
- Dining and entertainment: Men spend nearly double on social activities compared to women.
- Mobile gaming: Male gamers spend 33% more on mobile games than female gamers.
If you found this article interesting, you might enjoy these too:
Financial Behavior
- Savings: 58% of women are savers, versus 36% of men.
- Impulse buying: 54% of men make impulse purchases, while 45% of women do.
High-value Purchases
- Gadgets: Men are twice as likely to spend over $2,000 on tech gadgets.
Overall Spending
- Online spending: Men dominate online spending, making up 62% of the total in the US.
Alison Adams, a Philly native and proud University of Pennsylvania alum, is your go-to Career Expert with a laid-back approach. She’s been in the job seeker’s shoes and knows how to navigate the wild world of work. Alison’s all about sharing practical tips and tricks with a personal touch, making her a favorite for those looking to level up their careers.