Band 8+: The chart below gives information about the ratio of income to spending (in dollars) by Americans by age range in 2013. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

This graph compares how much Americans spent to how much income they made in 2013, by age group.

Overall, the data illustrated an overall rise and fall in both income and spending between young, middle-aged, and older Americans. The highest salary and expenditure went to the adults whilst the youngsters provided the smallest number. Subsequently, the significant difference from the earning and consumption belonged to the middle-aged group.

Those under 25 and over 75 actually spent slightly more than they earned. In contrast, between the ages of 25 and 64, Americans earned 10,000 to 20,000 dollars more than they spent. This difference shrinks in the 65-74 age group, where spending was just a few thousand dollars less.

In terms of actual numbers, those under 25 or over 75 earned and spent around 30,000 and 35,000 dollars, respectively. 25-34 year-olds and 65-74 year-olds both earned in the 50,000s and spent in the 40,000s. In the middle, between ages 35 and 64, income was 70,000-80,000 dollars, and spending ranged from roughly 55 to 60 thousand.