Skip to main content
Advertising

Originally published Thursday, August 7, 2014 at 4:38 PM

  • Share:
             
  • Comments
  • Print

Northwest consumers spend more freely than those in most other regions

Washingtonians spent more overall than many of their counterparts in the nation in 2012, the latest year for which figures are available. The Evergreen State ranked among the top 10 states for total personal expenditures.


The Associated Press

advertising

Consumers in Washington and Oregon have been spending more freely since the Great Recession ended in 2009, shelling out more for goods in each of the past four years, according to new data released Thursday by the U.S. Bureau of Economic Analysis.

In 2012, per-person spending in the two states eclipsed 2007, when the nation’s economy was just starting to slump.

The new government report provides a state-by-state breakdown of spending from 1997 through 2012 for the first time, offering a glimpse into how and where households put their money.

Washingtonians spent more overall than many of their counterparts in the nation in 2012, the latest year for which figures are available. The Evergreen State ranked among the top 10 states for total personal expenditures.

In 2012, total consumer spending grew by 4.7 percent in Washington, which has seen steady gains in consumer activity since 2009. That year was the only time in the 15-year period when total consumer spending in the state dropped compared with the previous year.

In Oregon, overall consumer spending in 2012 lagged slightly behind the national average, ranking it 19th. Oregon saw a 3.9 percent increase in total personal spending, compared with 4.1 percent nationwide.

Before the Great Recession set in, Oregonians spent $34,076 per person on consumer goods in 2007. That figure dipped in 2008 and 2009 but steadily increased over the next three years. In 2012, consumers in the state spent an average $35,762, which is more than the national average and 24th among states.

Washingtonians spent $36,006 per person annually on consumer goods in 2007. By 2012, they spent $39,110 per person, a 3.6 percent increase from the year before and an 8.6 percent jump over five years.

People in the Northwest also spent more per person on housing and utilities, and on food and beverages consumed outside the home, than the nation as a whole. They also spent less on gasoline and other energy goods than the national average.

In each state, consumers spent 20 percent of their money on housing and utilities, and 16 percent for health care. Washingtonians shelled out $7,677 per person on housing and utilities, with Oregon not far behind at $7,188 per person.

The proportion of what Oregonians spend on food and beverages outside of the home, about 9.5 percent, put it third in the nation, behind Hawaii and Nevada.



Want unlimited access to seattletimes.com? Subscribe now!

Also in Business & Technology

News where, when and how you want it

Email Icon

Get ready for 2015

Get ready for 2015

The Seattle Times 12-month wall calendar features hand-picked photos of life in the Pacific Northwest. Order while supplies last!

Advertising

Advertising


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►