Consumer spending up in Md. since recession

BRIAN WITTE
Associated Press

ANNAPOLIS, Md. (AP) — Consumer spending in Maryland rose slowly but steadily in the years after the Great Recession.

The figures come from a report the government released Thursday. For the first time, the report shows consumer spending on a state-by-state basis.

Consumer spending increased about 8 percent from 2009 through 2012, the latest year for which figures are available. The Great Recession officially ended in June 2009.

Spending went up 2 percent in Maryland from 2009 to 2010. It rose 4 percent from 2010 to 2011. Consumer spending climbed about 3 percent in 2011 to 2012.

Maryland was among the highest states in per capita spending for housing and utilities.

Per-person spending in 2012 for Maryland was $40,980. Seven states and the District of Columbia had higher per-person spending in 2012 than Maryland.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up