Saturday, 13 February 2010

An average American household spends nearly $1,000 a year on subscriptions for entertainment and communications

"It used to be that a basic $25-a-month phone bill was your main telecommunications expense. But by 2004, the average American spent $770.95 annually on services like cable television, Internet connectivity and video games, according to data from the Census Bureau. By 2008, that number rose to $903, outstripping inflation. By the end of this year, it is expected to have grown to $997.07. Add another $1,000 or more for cellphone service and the average family is spending as much on entertainment over devices as they are on dining out or buying gasoline."
Source: US Census Bureau, reported by the New York Times, 9th February 2010

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