Americans Spend 1.2 Trillion on Stuff They Don't Need

Americans Spend 1.2 Trillion on Stuff They Don't Need

Sarah Coffey
Apr 25, 2011
The Wall Street Journal reported recently on spending trends: "A non-scientific study of Commerce Department data suggests that in February, U.S. consumers spent an annualized $1.2 trillion on non-essential stuff including pleasure boats, jewelry, booze, gambling and candy." Also in today's news, Women's Wear Daily interviews Sonic Youth's Kim Gordon about selling her artwork online through Exhibition A. More news and links below. DESIGN NEWS OF THE DAYAmericans spend $1.2 trillion a year on nonessential goods | Wall Street JournalSonic Youth's Kim Gordon sells her artwork online | Women's Wear DailyVanilla Ice's Former Waterfront Digs Hit the Market | CurbedWe're All Invited to the Wedding | New York TimesA Williamsburg home built for Steve of "Blue's Clues" | Architizer Photo: Flickr member jingdianjiaju used under Creative Commons License 2.0
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