Americans Now Spend $1.2 Trillion a Year on Stuff We Don't Need Americans Now Spend $1.2 Trillion a Year on Stuff We Don't Need
The GOOD Life

Americans Now Spend $1.2 Trillion a Year on Stuff We Don't Need

by Cord Jefferson

April 28, 2011

What recession? Despite the fact that most Americans are still struggling in the worst economy since the Great Depression, a "non-scientific study" from the Wall Street Journal says that U.S. citizens now spend $1.2 trillion annually on nonessential goods. For context, that's more than 11 percent of overall consumer spending.

 
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Americans Now Spend $1.2 Trillion a Year on Stuff We Don't Need