Spending higher in NY area
Spending in the greater New York area from 2008 and 2009 was 20 percent higher than for a typical U.S. household, the Bureau of Labor Statistics said Tuesday.
Households in New York, northern New Jersey and Long Island spent an average of $60,273 a year, compared with $49,778 nationwide.
Spending here was 6.3 percent higher than 2006-07. By comparison, spending increased by only 1 percent from the first two-year period to the second nationwide.
The largest expense was housing — accounting for 39.2 percent of a New York household’s budget — followed by transportation and food.
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Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
