A steady decline in the usage of residential phone services across the Unites States can be observed from the chart published by the U. S. Bureau of Labor Statistics, Consumer Expenditure Survey, titled Average annual expenditures on cell phones and residential phone services, 2001-2010. The reason for this can be attributed to the growing trend of cell phone usage which is also demonstrated in the same graph.
In 2001, consumers in the US have spent negligible amounts on cell phone services annually, while the spend on residential phone services are considerable - amounting close to $700. These figures have changed drastically over a period of 10 years. In 2010, a US consumer, on average, has spent $400 on residential phone services and the cell phone expenditure edges close to $800.
The total phone expenses of a consumer on average has also increased significantly over the decade. The average total cost has gone up from $700 to close to $1200. The downward trend of spend on residential phone services, however, is lesser in comparison to the upward trend of cell phone spend.
In conclusion, the study indicates the willingness of US consumers to spend more on cell phone services than on residential phone services.
A steady decline in the usage of
residential
phone
services
across the Unites States can
be observed
from the chart published by the U. S. Bureau of Labor Statistics,
Consumer
Expenditure Survey, titled
Average
annual expenditures on
cell
phones
and
residential
phone
services
, 2001-2010. The reason for this can
be attributed
to the growing trend of
cell
phone
usage which is
also
demonstrated in the same graph.
In 2001,
consumers
in the US have spent negligible amounts on
cell
phone
services
annually
, while the spend on
residential
phone
services
are considerable
-
amounting close to $700. These figures have
changed
drastically
over a period of 10 years. In 2010, a US
consumer
, on
average
, has spent $400 on
residential
phone
services
and the
cell
phone
expenditure edges close to $800.
The total
phone
expenses of a
consumer
on
average
has
also
increased
significantly
over the decade. The
average
total cost has gone up from $700 to close to $1200.
The
downward trend of spend on
residential
phone
services
,
however
, is lesser
in comparison
to the upward trend of
cell
phone
spend.
In conclusion
, the study indicates the willingness of US
consumers
to spend more on
cell
phone
services
than on
residential
phone
services
.