In part 3, we’ll explore consumer data collected by the bureau that’s reported in its section called BLS Statistics on Spending and Time Use. The BLS collects data on where and how much consumers spend their money and their time. For instance, how much money do Hispanic families spend on groceries? How much time do married mothers and married fathers spend on household and childcare activities? How has time use or spending patterns changed over time? These survey results provide a treasure-trove of data for marketers.
Links to previous parts:
|October 22, 2014||The Bureau of Labor Statistics - Part 2 (Part 2 of 3)|
|August 13, 2014||The Bureau of Labor Statistics - Part 1 (Part 1 of 3)|