Maryland's Genuine Progress Indicator
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Household Investments
(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.
Trends 2012-2019
Household investments have increased steadily from 2012 to 2019, increasing by 13% 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 2022 is presented above.