The picture above presents a pie chart shares about US Household Consumer Expenditures by Major Categories for Last Year and a bar chart that shows the Distribution of US Income in Terms of Households and individuals for Last Year – in thousand of dollars.
The pie chart shows bunch of categories where household spend for last year, therefore the categories were Housing, Transportation, Food, Personal Insurance and Pensions, Health care, Entertainment, Saving, Apparel, Education and Reading, and Others. Each categories have diffrent percentage, First is housing, people spend alot of money for housing for last year where housing got 33% almost a half of the pie chart. Secondly there’s Transportation where it takes 18% of people spend their money for. Thirdly is food, food were important for people but in the pie chart it only takes 13% of people spend their money for. There’s Personal Insurance and Pensions where people takes 11%, Then Health care and Entertainment which only differ by 1% (Health care take 7% while Entertainment takes 6%). And then there’s Savings, Apparel, Education and Reading, and Others which all of them takes 3%.
With these Expenditures were gonna be compare with the Salary income in Terms of Households and Individuals for Last Year.
The salary comes from $25,000 or less – $100,000+. We begin with the income 25,000$ or less, First the bar chart Individuals takes alot salary with only $25,000 or less with 35% percentage while Households takes 29%. Second, with $25,000 – $50,000 Income, Individuals again takes the most of the percentage with 36% percentage and households with only 24%. Third, the income were $50,000 – $75,000 where households takes the lead with 18% percentage and Individuals with only 16%. Fourth were $75,000 – $100,000, Households take 11% and individuals takes only 6% percentage. Lastly are $100,000+, Households once again takes the lead where it takes 18% of percentage while individuals only takes 7%.
With both chart we can see that even though households have alot of things to spend, but their salary income were more rose than individuals.