Try digitalPLUS for 10 days for only $0.99


California leads states in consumer spending

California leads states in consumer spending

Consumers in California are among the heaviest spenders in the country for housing and utilities but spend less than the national average for healthcare, energy, and food and beverages, according to new government data. So-called personal consumption expenditures to cover rent, mortgages, electricity and similar bills ran the average Californian $8,650 in 2012, according to the U.S. Bureau of Economic Analysis. That’s the sixth highest figure in a range stretching from $11,985 in Washington, D.C. to $4,294 in Mississippi. But in other spending segments, California – often said to be a state with an extreme cost of living – fell below the national standard. At last...