9 minutes

Data Dive: How US Consumers Spent in 2022—and Why Services Are Yet To Fully Bounce Back

Insight Report

Reasons to Read

Each report in our Data Dive series offers an essential briefing on topical, need-to-know data.

In this report—the first in the new series—we analyze recent data on US consumer spending in 2022, with a focus on discretionary goods versus discretionary services.

Data in this report are:

  • Major discretionary categories’ spending split of retail goods versus services, 2000–2023E
  • Selected categories recording 25+% real three-year growth in consumer spending, 2022
  • US consumer spending across selected major categories (YoY and Yo3Y change, and growth by quarter), 2022

Other relevant research:

  • The Coresight Research weekly US Consumer Tracker takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.
  • Look out for further reports in our new Data Dive series.
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