Maryland's Genuine Progress Indicator
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Household Investments
(billions 2012 $)
Household Investments
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.
Trends 2012-2015
Household investments have increased steadily from 2012 to 2019, increasing by 13% over this period.
Calculation
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.