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Household Life-Cycle Stages, Transitions, and Product Expenditures

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  • Wilkes, Robert E

Abstract

Data from the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey provide empirical verification of changes in household spending across a wide variety of products as households pass from one stage of the household life cycle to another. Three spending patterns emerged: (1) a generalized inverted U pattern, with spending rising sharply as households shift from young single to young married, then remaining relatively high, and falling sharply at the older married and/or older single stages, (2) generally increasing expenditures across stages until the last one or two stages, and (3) generally decreasing expenditures across the life cycle. Expenditures are especially influenced by the presence of young children in the household. Copyright 1995 by the University of Chicago.

Suggested Citation

  • Wilkes, Robert E, 1995. "Household Life-Cycle Stages, Transitions, and Product Expenditures," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 22(1), pages 27-42, June.
    • Handle: RePEc:oup:jconrs:v:22:y:1995:i:1:p:27-42
    DOI: 10.1086/209433
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    Cited by:

    1. Elena Mañas Alcón, 1997. "El consumo familiar de servicios en España: factores explicativos de las decisiones de gasto," Working Papers 04/97, Instituto Universitario de Análisis Económico y Social.
    2. Changhyo Yi, 2016. "Relationship Between the Formation Conditions and Durations of One-Person Households in the Seoul Metropolitan Region," Demography, Springer;Population Association of America (PAA), vol. 53(3), pages 675-697, June.
    3. Marlena Piekut & Krystyna Gutkowska, 2016. "Consumption in Rural Households of the Elderly (Konsumpcja w wiejskich gospodarstwach domowych osob starszych)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 14(59), pages 171-184.
    4. repec:uae:wpaper:9704 is not listed on IDEAS
    5. Hyesun Kim & Jooa Baek & Yeongbae Choe, 2021. "Family life cycle and preferences for a mega-sporting event package: The case of the 2018 PyeongChang Winter Olympic Games," Tourism Economics, , vol. 27(3), pages 548-568, May.
    6. Pannhorst, Matthias & Dost, Florian, 2019. "Marketing innovations to old-age consumers: A dynamic Bass model for different life stages," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 315-327.
    7. Neulinger, Ágnes & Radó, Márta, 2015. "Családi életciklusok szerint eltérő fogyasztási minták elemzése [Analysis of differing consumption patterns according to household life cycles]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 415-437.
    8. Sungjin Yun & Kabsung Kim, 2019. "Demographic Changes and Characteristics of the Housing Supply in Korea," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 414-431.
    9. Jo. Martins & Gordon Brooks, 2010. "Teaching Consumer Demographics to Marketing Students," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 29(1), pages 81-92, February.
    10. Amoakon, Joel & Ejimakor, Godfrey & Hardy, Deric, 2016. "Exploring the Food Expenditure Patterns of College Students," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230666, Southern Agricultural Economics Association.
    11. LAURENT, Gilles & LAMBERT-PANDRAUD, Raphaelle, 2002. "Age-induced decision shrinkage, another avenue to repeat purchase: the example of new automobiles," HEC Research Papers Series 748, HEC Paris.
    12. Euehun Lee & Anil Mathur & Choong Fatt & George Moschis, 2012. "The timing and context of consumer decisions," Marketing Letters, Springer, vol. 23(3), pages 793-805, September.
    13. Djursaa, Malene & Kragh, Simon Ulrik, 1998. "Central and peripheral consumption contexts: the uneven globalization of consumer behaviour," International Business Review, Elsevier, vol. 7(1), pages 23-38, February.
    14. Jeffrey R. Carlson & William T. Ross & Robin A. Coulter & Adam J. Marquardt, 2019. "About time in marketing: an assessment of the study of time and conceptual framework," AMS Review, Springer;Academy of Marketing Science, vol. 9(3), pages 136-154, December.

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