Magazines–Spending on print plummets, while tech buys soar

American Demographics reports that the average American household spent $40,817 in 2003.
Of that, just $127 was spent on reading newspapers, magazines or books, or 0.3 percent, while $290 was spent on tobacco and $391 on alcohol.
Spending on consumer electronics was $2060, or 5 percent.
Housing ($13,432) and transportation ($7,781) costs accounted for over half (52 percent) of total spending.
(Via folio)
Susan sez: These stats explains the home theatres, ipods, computers, and GPS systems all my neighbors are buying, but the mailman’s bag seem seems stuffed–with catalogs.