Price Elasticity Number Name Type. Income Elasticity. Income Elasticity

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1 Consumption Categories for Policy Insight v9.5 Consumption Categories for PI + v Number Name Type Income Price Number Name Type Income Price parts Necessities New autos Luxuries.4 -. Net purchases of parts Necessities used autos Necessities Other motor parts Necessities vehicles Luxuries.4 -. parts Necessities Motor vehicle parts Necessities Furniture (incl. mattresses and equipment Luxuries bedsprings) Luxuries.4 -. equipment Luxuries equipment Luxuries equipment Luxuries equipment Luxuries equipment Luxuries Kitchen & other household appliances Necessities China, glassware, tableware & utensils Luxuries.4 -. Video & audio goods, incl. musical instruments Luxuries.4 -. Computers, peripherals & software Necessities Other durable house furnishings Luxuries Other durable goods Necessities Ophthalmic & orthopedic products Luxuries Other durable goods Necessities Sports & photographic equip., bicycles & motorcycles, boats & pleasure aircraft Luxuries Other durable goods Necessities Jewelry and Luxuries.4 -.

2 watches 3 Other durable goods Necessities Books & maps Luxuries Food & beverages Luxuries Food & alcoholic beverages purchased for offpremise consumption Necessities Food & beverages Luxuries Food & beverages Luxuries Purchased meals and beverages Necessities Food furnished to employees Necessities Food & beverages Luxuries Food produced and consumed on farms Necessities Clothing & shoes Luxuries Shoes Necessities Clothing & shoes Luxuries Women's and children's clothing and accessories except shoes Necessities Clothing & shoes Luxuries Men's and boys' clothing and accessories except shoes Necessities Clothing & shoes Luxuries Military issue clothing Necessities Gasoline & oil Necessities Gasoline & oil Necessities Fuel oil & coal Necessities Fuel oil & coal Necessities goods Luxuries Tobacco products Necessities goods Luxuries Toilet articles & preparations Necessities goods Luxuries goods Luxuries goods Luxuries Semidurable house furnishings Necessities Cleaning and misc. household supplies and paper products Necessities Stationary and writing supplies Necessities

3 goods Luxuries goods Luxuries goods Luxuries goods Luxuries goods Luxuries goods Luxuries Housing Luxuries Housing Luxuries Drug preparations and sundries Luxuries.4 -. Magazines, newspapers & sheet music Necessities Nondurable toys and sporting goods Necessities Flowers, seeds and potted plants Necessities Expenditures abroad by U.S. residents Luxuries.4 -. Personal remittances to nonresidents Necessities Owner-occupied nonfarm dwellings Necessities Tenant-occupied non-farm dwellings Necessities Housing Luxuries Rental value of farm dwellings Necessities Housing Luxuries Other housing (hotels and other lodging places) Necessities Household operation Necessities Electricity Necessities Household operation Necessities Gas Necessities Household operation Necessities Water & sanitary services Necessities Household operation Necessities Telephone & telegraph Necessities Household operation Necessities Domestic services Luxuries Household operation Necessities Other household operation Luxuries.4 -. Transportation Necessities Motor vehicle repair, rental, leasing Necessities Transportation Necessities Tolls Necessities

4 Transportation Necessities Auto insurance less claims paid Luxuries.4 -. Transportation Necessities Airline Necessities Transportation Necessities Railway Necessities Transportation Necessities Intercity bus Luxuries.4 -. Transportation Necessities Intracity mass transit Necessities Transportation Necessities Taxicabs Necessities Transportation Necessities Other intercity transportation Necessities Medical care Necessities Physicians Luxuries.4 -. Medical care Necessities Dentists Luxuries.4 -. Medical care Necessities Other professional medical services Necessities Medical care Necessities Nonprofit hospitals Necessities Medical care Necessities Proprietary hospitals Necessities Medical care Necessities Government hospitals Necessities Medical care Necessities Nursing homes Necessities Medical care Necessities Health insurance, income loss, workers comp Necessities services Luxuries Motion picture services Luxuries services Luxuries Legitimate theater Spectator sports services Luxuries Clubs and fraternal organizations Necessities services Luxuries Commercial participant amusements Necessities services Luxuries Radio and television repair Luxuries.4 -. Luxuries Other recreation Luxuries.4 -.

5 services services Barbershops, beauty parlors and services Luxuries health clubs Luxuries.4 -. services Luxuries Other personal care Luxuries.4 -. Brokerage charges and investment services Luxuries counseling Luxuries.4 -. services Luxuries services Luxuries services Luxuries services Luxuries services Luxuries services Luxuries services Luxuries Bank service charges, trust services, and safe deposit box rental Luxuries.4 -. Financial services furnished without payment Luxuries.4 -. Other personal business Necessities Education and research Necessities Religious and welfare activities Necessities Foreign travel by U.S. residents Luxuries.4 -. Foreign travel in the U.S. and other expenditures in U.S. by nonresidents Luxuries.4 -.

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