Maryland's Genuine Progress Indicator
(billions 2012 $)
What are we measuring?
Household investments are purchases that benefit us both now and into the future, like a car, home improvements, or a book.
Household investments have increased steadily from 2012 to 2019, increasing by 13% over this period.
These data are household expenditures classified as yearly household investments taken from the Bureau of Labor Services Baltimore Metropolitan Area household budget expenditures, adjusted for the average household income in Maryland. Household expenditures are subtracted from gross household consumption to calculate net household consumption, this calculation for 2019 is presented above.