Financial Expenditures
Description
This report details total dollar amount and average amount per household spent on financial products and services such as savings accounts, mortgages, and auto loans. A spending potential index (SPI) compares the amount spent in a specified area with the U.S. average.
Variables include
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Current-year estimates and five-year projections for population, households, families, median age, and median household income
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Current-year total and average amount spent on financial goods and services such as
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Amount paid in interest on home mortgages
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Amount paid in interest on new or used car/truck/van loans
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Amount paid in principal on home mortgage
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Amount paid in principal on new or used car/truck/van loans
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Annual changes in checking accounts, savings accounts, and U.S. savings bonds
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Earnings from dividends, royalties, estates, and trusts
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Earnings from interest from savings accounts or bonds
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Market value of checking accounts and savings accounts; U.S. savings bonds; and stocks, bonds, and mutual funds
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Original mortgage amount
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Retirement plan contributions
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Vehicle loan amount
Availability
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