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.


Americans spend $1.2 trillion a year on nonessential goods | Wall Street Journal
Sonic Youth's Kim Gordon sells her artwork online | Women's Wear Daily
Vanilla Ice's Former Waterfront Digs Hit the Market | Curbed
We're All Invited to the Wedding | New York Times
A 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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