Category: consumption

Charted: Four Decades of U.S. Inflation


This post is by Carmen Ang from Visual Capitalist


Four Decades of U.S. Inflation

Charted: Four Decades of U.S. Inflation

In May 2022, the annual rate of U.S. inflation grew to 8.6%—the highest it’s been in four decades, according to the Bureau of Labor Statistics.

What’s driving this surge, and what products are seeing the most significant price jumps?

This visualization by Pablo Alvarez shows U.S. inflation levels since 1982 and highlights a few product categories that have seen the biggest year-over-year increases.

The Category Breakdown

Perhaps unsurprisingly, energy sources have seen the biggest year-over-year climb. Gasoline has seen one of the biggest spikes, up 48.7% since May 2021.

Item% yearly change (May 2022)
Gasoline (all types)48.7%
Energy34.6%
Natural Gas30.2%
Electricity12.0%
Food10.1%
All items8.6%
Apparel5.0%

Across the U.S., the average price of gas sat at $4.807 per gallon as of July 4, and experts predict this figure could grow to $6 per gallon by the end of the summer.

While fuel prices were on the upswing prior to the Russia-Ukraine conflict, due to loosening COVID-19 restrictions and increased demand for travel, the conflict sent oil prices skyrocketing. This is because many countries placed sanctions on Russian oil, which put a squeeze on global supply.

Food has also seen a massive cost spike, up 10.1% since May 2021. This is largely due to supply-chain issues, increased transportation costs, and fertilizer shortages.

The Spending Spree Continues

Despite rising prices, many consumers have been continuing to spend. In May 2022, personal consumption expenditures (which account for (Read more...)

Mapped: Beer Consumption in the U.S.


This post is by Omri Wallach from Visual Capitalist


Mapped: Beer Consumption in the U.S.

Beer consumption spans almost the entire world, and is a staple in much of the United States.

When stacked up next to other alcoholic beverages, beer is America’s preferred drink of choice, closely followed by wine and spirits. In fact, it is the fifth most-consumed drink overall in the country, behind coffee, water, soft drinks and tea.

At the end of 2021, beer in the U.S. was a $94.1 billion industry. Alongside massive multinational conglomerations, it is also driven by over 9,000 breweries of different types.

This visualization, created by Victor Dépré of Hypntic Data, maps the consumption of beer by gallons per capita across the U.S. using data from Top Agency and The Beer Institute.

What is Beer?

Beer is produced from the fermentation of combined water, malt, and yeast. It was first produced 12,000 years ago with the emergence of grain agriculture.

Today, beer is made from several different malted grains: wheat, corn, rice, oats, and most commonly, barley. Hops, a type of flower, are added for flavor, balancing out the malt’s sweetness with a bitter taste while also preserving the beer’s freshness and giving a good amount of foam.

American Beer Consumption By State

So which states drank the most beer, and what was their preferred brand?

The annual consumption stats come from the Beer Institute’s Brewer’s Almanac report, while the preferred beer of choice was compiled by Data Agency’s 2021 Beer Rankings report, which is based on (Read more...)

Visualizing the Material Impact of Global Urbanization


This post is by Bruno Venditti from Visual Capitalist


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Material Impact Urbanization

Visualizing the Material Impact of Global Urbanization

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

Cities only cover 2% of the world’s land surface, but activities within their boundaries consume over 75% of the planet’s material resources.

With the expansion of urban areas, the world’s material consumption is expected to grow from 41.1 billion tonnes in 2010 to about 89 billion tonnes by 2050.

In today’s graphic, we use data from the UN International Resource Panel to visualize the material impact of global urbanization.

How Material Consumption is Calculated

Today, more than 4.3 billion people or 55% of the world’s population live in urban settings, and the number is expected to rise to 80% by 2050.

Every year, the world produces an immense amount of materials in order to supply the continuous construction of human-built environments.

To calculate how much we use to build our cities, the UN uses the Domestic Material Consumption (DMC), a measure of all raw materials extracted from the domestic territory per year, plus all physical imports, minus all physical exports.

Generally, the material consumption is highly uneven across the different world regions. In terms of material footprint, the world’s wealthiest countries consume 10 times as much as the poorest and twice the global average.

Based on the total urban DMC, Eastern Asia leads the world (Read more...)

Charted: $5 Trillion in Fossil Fuel Subsidies


This post is by Govind Bhutada from Visual Capitalist


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Fossil fuel subsidies

Charted: $5 Trillion in Fossil Fuel Subsidies (2010-2021)

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

With energy consumption vital for life and business, governments often look to fossil fuel subsidies to make energy as affordable as possible.

These subsidies artificially reduce the price of fossil fuels and generally take two forms:

  • Production subsidies occur when governments provide tax cuts or direct payments that reduce the cost of producing coal, oil, or gas.
  • Consumption subsidies cut fuel prices for the end-user through price controls and other such measures.

Each year, governments around the world pour nearly half a trillion dollars into fossil fuel subsidies. This chart breaks down a decade of fossil fuel consumption subsidies by energy source using data from the International Energy Agency (IEA).

Breaking Down Fossil Fuel Consumption Subsidies

Since 2010, governments have spent over $5 trillion in fossil fuel consumption subsidies. The majority of this sum went towards making oil more affordable, as seen below:

Subsidies by Year (US$)OilElectricityNatural GasCoalTotal
2010$203.0B$143.5B$113.6B$2.7B$462.9B
2011$263.7B$147.2B$100.4B$3.6B$514.0B
2012$304.0B$149.9B$132.2B$3.3B$589.5B
2013$300.0B$132.8B$119.1B$1.7B$553.6B
2014$262.4B$124.1B$104.2B$1.1B$491.9B
2015$147.3B$119.2B$83.6B$1.5B$351.5B
2016$110.2B$132.8B$56.7B$2.2B$301.9B
2017$153.5B$136.2B$65.2B$2.7B$357.6B
2018 (Read more...)

The World’s Most Used Apps, by Downstream Traffic


This post is by Omri Wallach from Visual Capitalist


The World’s Most Used Apps by Downstream Traffic

The World’s Most Used Apps, by Downstream Traffic

Of the millions of apps available around the world, just a small handful of the most used apps dominate global internet traffic.

Everything connected to the internet takes bandwidth to view. When you look at something on your smartphone—whether it’s a new message on Instagram or the next few seconds of a YouTube video—your device is downloading the data in the background.

And the bigger the files, the more bandwidth is utilized. Here’s a breakdown of the most used apps by category, using Sandvine’s global mobile traffic report for 2021 Q1.

Video Drives Global Mobile Internet Traffic

The biggest files use the most data, and video files take the cake.

According to Android Central, streaming video ranges from about 0.7GB per hour of data for a 480p video to 1.5GB per hour for 1080. A 4K stream, the highest resolution currently offered by most providers, uses around 7.2GB per hour.

That’s miles bigger than audio files, where high quality 320kbps music streams use an average of just 0.12GB per hour. Social network messages are usually just a few KB, while the pictures found on them can range from a few hundred KB for a low resolution image to hundreds of MB for high resolution.

Understandably, breaking down mobile downstream traffic by app category shows that video is on top by a long shot:

CategoryDownstream Traffic Share (2021 Q1)
Video Streaming48.9%
Social Networking19.3%
Web13.1%
Messaging6.7%
(Read more...)

Coffee vs Tea vs Soft Drinks: What Caffeine Drinks Do Countries Prefer?


This post is by Omri Wallach from Visual Capitalist


Caffeine Map-Coffee vs Tea vs Soft Drinks full

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Coffee vs Tea vs Soft Drinks: Caffeinated Drink Popularity

Coffee, tea, or soft drinks… How do you get your caffeine fix?

It might be the world’s most widely consumed psychoactive substance, but your preferred caffeine drink of choice might come down to where you live.

A study into caffeine consumption of 57 countries examined the role it plays in our diets, using the volume sales of caffeine-containing beverages from Euromonitor to see what caffeine source each country prefers.

The resulting map of caffeine preference shows regional trends, including some surprising standouts.

Most Purchased Caffeine Drink By Country

There are many different caffeine drinks for consumers to choose from, from brewed drinks to ready-to-drink vending machine options.

To simplify tastes, we grouped them into three types:

  • Coffee — Includes fresh brewed coffee, instant coffee, and ready-to-drink coffee.
  • Tea — Includes herbal, black, green, and other teas, as well as ready-to-drink tea.
  • Soft Drinks — Includes colas, other soft drinks, sports drinks, and energy drinks.

Here’s the full breakdown of each country’s preferred caffeine drink of choice, (Read more...)

One Year In: Did People Save More or Less During the Pandemic?


This post is by Avery Koop from Visual Capitalist


pandemic saving rates

The Briefing

  • Increased saving rates were a common trend across many countries during the global pandemic.
  • At its highest point the U.S. had a personal savings rate of 33%.

One Year In: A Look at Saving Rates During the Pandemic

While working hours were reduced across the globe and many lost their jobs entirely, personal saving rates actually increased throughout the pandemic in many countries.

A personal saving rate is calculated as the ratio of personal saving to disposable personal income. Here’s a look at the U.S.’ personal saving rate over 2020.

DateU.S. Savings Rate
January 20207.6%
February 20208.3%
March 202012.9%
April 202033.7%
May 202024.7%
June 202019.0%
July 202018.4%
August 202014.6%
September 202014.1%
October 202013.2%
November 202012.5%
December 202013.4%
January 202120.5%

The U.S.’ personal saving rate skyrocketed in April to more than 30%. After a dip near the end of 2020, the rate has jumped back up again to around 20% in January 2021.

With the most recent data from September 2020, many European countries’ savings rates were up, as well—the highest rate occurred in the Netherlands at 24%. Japan and the UK followed a similar trend as well, at 22% and 28% respectively.

The Pandemic Piggy Bank

Personal saving rates tend to increase during recessions and, more generally, either increase because of reduced consumption or a boost in income.

Without the same access to restaurants, shopping, and travel, it is somewhat unsurprising that (Read more...)

World Beer Index 2021: What’s the Price of a Beer in Your Country?


This post is by Iman Ghosh from Visual Capitalist


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World Beer Index 2021 - Average Price of a Beer 1200px

What’s the Price of A Beer in Your Country?

View the high resolution of this infographic by clicking here.

Although fewer people have been able to grab a beer at the pub during this pandemic, the global desire for beer prevails. For example, sales of the Corona beer actually shot up in the past year, despite—or perhaps because of—associations with the coronavirus.

This World Beer Index from Expensivity compares the average price of a bottle of beer in 58 countries in a detailed map. Additionally, we show which countries spend the most on beer per capita, and just how much beer people really drink.

Pricey Pints: The Average Price of a Beer

Researchers calculated the average price of a typical bottle of beer (330ml, just shy of a pint) from well known brands via online stores and statistics database Numbeo. In addition, local beer prices were pulled from hotel and bar menus, and average values converted to USD.

In Qatar, you’d have to shell out $11.26 for a single beer, which would surely make for a really expensive night out on the town. In part, this is because in 2019, the Muslim-majority country introduced a 100% excise tax on top the previous sales price of all alcohol imports.

These steep prices are aimed at tourists—and with Qatar hosting the 2022 men’s soccer World Cup, there’ll be thousands of visitors in the country looking for a cold one at any price.

Rank (Read more...)