Monday, 24 November 2014 09:49
Louisiana ranked 21st in US for personal spending
Written by 

car-gas-moneyBlack Friday is upon us and consumer confidence is higher than it has been for a few years.  So, hey big spenders, are you ready to join the spending revolution, off and online?

If you are in Louisiana, compared to the rest of the country, you’re a middler—21st in total spending, not just for holiday gifts but for just about everything.

In the latest finding from WalletHub, which state leads the nation in spending?

Mississippi.  Louisiana’s neighbor.  The state that normally competes with Louisiana for being last in most good lists and first in those bad lists is ranked first, in spending.  

 Idaho, New Mexico, Alabama and Utah make up the top five in the Wallet Hub findings.

The nation's capitol, Washington DC, gets the lowest spenders recognition.

Is that good or bad?

Let’s take a look at some of the winners and losers of the respective categories.

Highest and lowest personal spending on gasoline and other  energy-related goods:

The winner?  North Dakota, the state leading the nation in economic growth in large part due to fracking.  The loser?  Hawaii.

Highest and lowest personal spending on Housing and Utilities:

The winner?  New Mexico.  The loser?  Alaska.

Highest and lowest personal spending  on healthcare:

The winner? Mississippi.  The loser?  Hawaii.

But, before you are ready to congratulate your state for winning, losing or being a middler, like Louisiana, having the highest personal spending on basics might not be such a good thing, right?

Here are some of the other rankings to put it all in perspective.

For more info

IS BEING THE TOP SPENDER A GOOD THING?  TELL US BELOW

Login to post comments
Powered By JFBConnect
  • Edwards gets Graves challenge on Louisiana flood relief money
  • Gov. Edwards's pugnacious state of union gave wrong Louisiana vision
  • Trump plus 80 days: Jim Brown, Bernie Pinsonat talk US, Louisiana politics
  • Trump should be like Reagan, not like Bush

graves c 3Shades of Katrina?

    Is political partisanship raising its ugly head again in the face of another Louisiana disaster?  Democratic Gov. John Bel Edwards thinks so.

    Edwards got some rough treatment from a congressional committee in Washington, D.C. when he testified before it recently about the state’s response to flood problems.

Read More

jbeWith equal parts pugnaciousness and disingenuousness, Democrat Gov. John Bel Edwards’ highly-politicized 2017 State of the State speech laid out a truly flawed vision for Louisiana going forward.

Read More

jim bernieIs Russia now our enemy, once again?

Did Donald Trump make the right move or was the latest attack, simply some wag the dog?

Read More

Iron nancy reagan 6n 1986, United States President Ronald Reagan authorized military aircraft to unleash a torrent of bombs in Tripoli, Libya to send a strong message to Libyan dictator Muammar Gaddafi. The attack was in response to Gaddafi’s involvement in the terrorist bombing of a Berlin disco that resulted in the death of American soldiers. 

Read More

latter-blum2

Sen. Appel talks budget, economy

TRUMP TALK

Dead Pelican

Optimized-DeadPelican2 1 1