Why The Recession Is Making Us Healthier

There’s finally some good news to come out of this dismal, depressing economy.

In response to the recession, we’re spending a whopping 23 per cent less on tobacco, 16 per cent less on alcohol, and almost 7 per cent less on sugary sweets, according to the Bureau of Labour Statistics.

What’s better, we’ve thrown more of our budget toward fruits and vegetables. Today, we spend 9 per cent on those foods.

The environment is also a little better. We’re not buying new car or trucks—those numbers are down by almost 25 per cent—and we’re spending about 10 per cent less on gasoline. So the Ozone layer gets to breathe easier.

Check out the chart below for more details:

 

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.