(In percentages)
Spendings 1995 2005 2015E 2025E
Health Care 4,7,9,13
Education and recreation 3,5,6,9
communication 1,2,3,6
Transportation 11,17,19,20
Personal products and services 4,8,9,11
Household products 2,3,3,3
Housing and utilities 14,12,12,10
Apparel 5,6,5,5
Food,beverages and tobacco 56,42,34,25
(E means estimated)
Food etc. might face lesser sharing of wallet as "hunger" of human will remain the same and with Improved Agricultural Techniques. But I doubt Increase in one's spending on Health Care as People are getting aware of their Health and better care is taken about hygiene these days, especially with use of equipments like Water- Purifiers.. Communication Field might not also get Estimated promotion in wallet sharing as Technology will make it cheaper for use..
ReplyDelete