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

What's Inside

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.