|
|
|
|
Devonshire Economic Data
by Devonshire Associates, Ltd. |
| Consumer Spending Potential |
|
|
|
|
Variables
|
|
|
| Total Households |
Household Income |
CEX, Food Expenditures |
| Food at Home |
| Cereals & Bakery |
| Meat, Poultry, Fish, Eggs |
| Dairy |
| Fruit & Vegetables |
| Other Food at Home |
| Food Away from Home |
| Breakfast |
| Lunch |
| Dinner |
| Snacks & Non-Alcoholic Beverages |
CEX, Alcoholic Beverages |
CEX, Tobacco Products |
CEX, Housing Expenditures |
| Shelter Costs |
| Mortgage Interest & Charges |
| Property Taxes |
| Rental Dwelling Costs |
| Other Lodging |
| Maintenance, Repairs, Insurance & Other Expenses |
| Homeowners Insurance |
| Painting & Papering |
| Plumbing & Water Heating |
| Roofing & Gutters |
| Paints & Wallpaper |
| Utilities, Fuels, Public Services |
| Natural Gas |
| Electricity |
| Oil & Other Heating Fuels |
| Water, Sewer & Refuse |
| Telephone Services |
| Household Operation |
| Personal Domestic Services |
| Other Household Expenses |
| Home & Garden Supplies |
| Laundry & Cleaning Supplies |
| Other Household & Garden Products |
| Postate & Stationery Supplies |
| Furnishings & Equipment |
| Household Textiles |
| Furniture |
| Floor Coverings |
| Major Appliances |
| Small Appliances & Misc Housewares |
| Miscellaneous Household Equipment |
| Power Tools |
| Computer Hardware |
| Computer Software |
| Phones & Accessories |
| Flowers & Plants |
CEX, Apparel & Services |
| Men, Age 16+ Years |
| Boys, Age 2 to 15 Years |
| Women, Age 16+ Years |
| Girls, Age 2 to 15 Years |
| Children, Under 2 Years |
| Footwear |
| Other Apparel Products & Services |
CEX, Transportation |
| Vehicle Purchases |
| New Cars & Trucks |
| Used Cars & Trucks |
| Other Vehicle Purchase |
| Gasoline & Motor Oil |
| Other Vehicle Expenditures |
| Vehicle Finance Charges |
| Vehicle Insurance |
| Vehicle Rental, Leases & Registration |
| Vehicle Maintenance & Repair |
| Tires - Purchase, Replacement, Installation |
| Equipment & Accessories |
| Body Work & Paint |
| Clutch & Transmissions |
| Drive Shaft & Rear End |
| Brakes |
| Cooling System |
| Alignment & Wheel Balance |
| Brake Adjustments |
| Exhaust System |
| Electrical System |
| Shock Absorbers |
| Lubrication & Oil Change |
| Motor Tune-Up |
CEX, Public Transportation |
CEX, Health Care |
| Insurance |
| Medical Services |
| Physicians |
| Dental |
| Eyecare |
| Hospital Room |
| Other Medical Services |
| Drugs |
| Medical Supplies |
CEX, Entertainment |
| Fees & Admissions |
| TV, Radio & Sound Equipment |
| Pets, Toys & Play Equipment |
| Toys, Games & Hobbies |
| Pet Purchases, Supplies & Services |
| Pet Veterinary Services |
| Playground Equipment |
| Other Entertainment & Supplies |
| Sports, Recreation & Exercise Equipment |
| Athletic Gear |
CEX, Personal Care Products & Services |
CEX, Reading |
CEX, Educational Expenses |
CEX, Miscellaneous Services |
CEX, Cash Contributions |
| Religious Organizations |
| Charities |
| Educational Institutions |
| Political Organizations |
| Other Contributions |
CEX, Personal Insurance & Pensions |
| Personal Insurance |
| Pensions & Retirement Plans |
|
|
Methodology
|
| Sources of Data |
| Consumer Expenditure data is based on a government survey used to collect
information on the buying habits of American consumers. The data is also
required for periodic revision of the Consumer Price Index (CPI). The survey,
which is conducted annually by the Bureau of Labor Statistics, is used by
Devonshire to estimate Consumer Spending for products and services. |
|
| Industry/Data Groups |
Consumer Expenditures include (but are not limited to) the following
categories:
-
Food Consumed at Home
-
Food Consumed Away from Home
-
Housing
-
Apparel
-
Health Care
-
Transportation Entertainment
-
Personal Care Products & Services
-
Reading
-
Education
-
Personal Insurance & Pensions
-
Cash Contributions
-
County Methodology
|
|
| County Methodology |
The Consumer Expenditure Survey is used by Devonshire to determine Consumer
Spending Potential for products and services. The potential, reported in
dollars, is disaggregated into age and income categories at the national,
state, and county levels. The reported potential dollar expenditures are
accounted for by variations in the number of households, disposable income,
racial distribution, household size, number of homeowners, regionality, and
metropolitan status of an area.
Devonshire applies a combination of two different techniques to estimate
Consumer Spending Potential. Multivariate modeling techniques (using parameters
such as regionalization, household size, ethnicity, gender, and population
density) are applied to determine appropriate weights of consumption patterns
for age and income groups. Based on Devonshire's latest household estimates at
the county level and the consumption weight, the potential dollar amount for
products and services is reported.
|
|
| ZIP Code Methodology |
| Using a method similar to that for counties, Devonshire estimates Consumer
Spending Potential at the ZIP Code level. |
|
|
