Americans Buy $1.2T Worth of Stuff They Don’t Need
Ever wonder how much Americans spend on non-essential goodies such as jewelry, yachts, booze, and even candy? A lot, as in $1.2 trillion, or about 11% of total consumer spending, reports the Wall Street Journal . The percentage is up from 9.3% a decade ago and 4% in 1959,…
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Americans Buy $1.2T Worth of Stuff They Don’t Need
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on April 23, 2011. Filed under News, World News.
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