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Post by Admin on Dec 2, 2015 13:56:19 GMT
The following chart shows average spending in US households in 1950 and 2000, with an estimate for 2050. Summarise the information by selecting and reporting the main features, and make comparisons where relevant. The chart shows spending in four categories for the average American household in 1950, 2000 and 2050. In 1950, the largest category was spending on ‘other’ items at 32%, followed by food at 30% and housing at 27%. The smallest category was clothing at 12%. Fifty years later, ‘other’ spending was still the largest category, taking up half the typical household budget in America. The next largest category was housing, which increased by 6% to 33%. Spending on food and clothing, on the other hand, fell to 13% and 4% respectively. By 2050, spending on ‘other’ things is still expected to be the largest expense at 46%, just above housing costs which are expected to rise by a further 9% to 42%. The projection suggests that spending on clothing will remain at the 2000 level (4%), while spending on food will fall to its lowest level over the 100-year period, to just 9%. Overall, the trend for spending on food and clothing is downwards, while the proportion of household spending going on housing is increasing. [175] www.ieltsexchange.com
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