New Consumer Survey on Electric Bills vs. 1984
Does electricity take a larger share of Americans’ budgets than in 1984?
This week's columns have analyzed the brand new Labor Department data on how much American households spent on everything during the year ending June 2015, including electricity.
The semi-annual Consumer Expenditure Survey is the source for understanding Americans' electric bills by region, income, age, urban/rural, etc. The government actually asks many thousands of households each quarter to track every single purchase. The credibility and detail, especially through mining the micro-data, is unequalled.