Oklahoma sees 16 percent gain in consumer spending
Ponca City Now - August 8, 2014 7:45 am
OKLAHOMA CITY (AP) – New government data shows that consumer spending in Oklahoma soared nearly 16 percent from 2009 to 2012.
The figures come from a new report from the Bureau of Economic Analysis that for the first time reveals consumer spending on a state-by-state basis.
In Oklahoma, per-person spending was $31,391 in 2012, compared to $27,154 in 2009. Only North Dakota clocked a higher gain, at 28 percent during the same period.
The report says Oklahomans spent less than any other state in the country on groceries and other off-premises food, at $2,179 per person in 2012. The national average was $2,750.
But Oklahomans spent more than many other Americans on gasoline and energy costs in 2012, at $1,918 per person – or nearly $600 above the national average.