Consumer Spending Grows in Washington
SEATTLE (AP) -- Overall consumer spending in Washington outpaced much of the nation in 2012, ranking the Evergreen State among the top 10 states for total personal expenditures.
A new government report released Thursday provides a state-by-state breakdown of spending. It shows total consumer spending in Washington grew by 4.7 percent in 2012.
Meanwhile, overall consumer spending in Oregon grew slightly slower than the national average. In 2012, spending increased 3.9 percent compared to 4.1 percent nationwide.
Per-person spending in both states, however, surpassed the pre-recession high in 2007.
Per-person spending in Washington grew 3.6 percent to $39,110, ranking it 11th among states. In Oregon, per-capita spending outpaced the national average, at $35,762. The figure ranked 24th among states.
People in Washington and Oregon spent more on housing and utilities than the nation as a whole.