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Michigan consumer spending up 3.3 percent in 2012

LANSING, Mich. (AP) — A federal report says Michigan's per-capita consumer spending rose 3.2 percent in the latest year, compared with a national increase of 4.1 percent.
The U.S. Bureau of Economic Analysis said Thursday that Michigan residents spent $321 billion in 2012. It says Michigan's total consumer spending rose an annual average of 2.7 percent in 1997-2012.
       Nationwide, the report says consumer spending rose 4.1 percent in 2012 and an annual average of 4.8 percent in 1997-2012.
       Michigan's consumer spending has risen each year since 2009, when it fell 2.8 percent. The report says Michigan's consumer spending rose 2.5 percent in 2010 and 4.6 percent in 2011.
       It says the Great Lakes region's per-capita consumer spending rose 3.7 percent in 2012.

Hans Ahlström is the host of several programs including the daily musical variety show Weekday, the mostly straight ahead jazz show Night Studio, the self explanatory Blues Today, and the eclectic Sound Spectrum. You can also hear Hans as the local host of NPR's All Things Considered news magazine. He also helps manage Public Radio 90's web content, interviews local and visiting writers and artists, works with NMU student interns, and writes the occasional news story.