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Keeping up with basic needs: spending patterns over the past 30 years.

Authors :
Boone, Graham
Source :
Monthly Labor Review; Jul2016, p1-2, 2p
Publication Year :
2016

Abstract

The article discusses an analysis of 30 years data which focused on 3 groups that included low-income households, middle-income households and high-income households. It cites housing and health care as the dominant drivers of rising costs where the share of spending on these components increased for low- and middle-income households. It suggests the role of social safety net programs in decreasing the effect of rising basic need costs on low-income households.

Details

Language :
English
ISSN :
00981818
Database :
Complementary Index
Journal :
Monthly Labor Review
Publication Type :
Academic Journal
Accession number :
117222590