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Household expenditure on vehicle purchases (net outlay) in United States: Drop in 2016

According to revised figures announced by U.S. Department of Labor, in comparison with the previous year the indicator diminished by 9.08 percent. The variable decreased from 3 997 US Dollar to 3 634 US Dollar, contrarily to the prior year when it grew by 21.08%. United States saw a increase of 100.44% in vehicle purchases (net outlay) expenditure over the past 33 years. As well as it has attained a growth at a 0.03 percent CAGR over the five years with a marginal overall rise since the 1984. It averaged 2 875.18 US Dollar from 1984 to 2016 and it hit its all-time high of 3 997 US Dollar in 2015 and record low of 1 813 US Dollar in 1984.

Household expenditure on vehicle purchases (net outlay) in United States: Drop in 2016
Date US Dollar Variation
2016 3 634.00 -9.08
2015 3 997.00 21.08
2014 3 301.00 0.92
2013 3 271.00 1.9
2012 3 210.00 20.27
2011 2 669.00 3.13
2010 2 588.00 -2.6
2009 2 657.00 -3.56
2008 2 755.00 -15.07
2007 3 244.00 -5.17

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