Maryland's Genuine Progress Indicator

Household Investments

(billions 2012 $)

household investments 

household consumption per capita in Maryland in 2023 


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 2012-2023

Household investments have increased steadily from 2012 to 2023, increasing by 32% over this period.


Calculation

These data are derived from the Bureau of Economic Analysis Personal Consumption Expenditures for Maryland. Household expenditures are subtracted from gross household consumption to calculate net household consumption, this calculation for 2023​ is presented above.