The consumer expenditures of elderly women: Racial, marital, and rural/urban impacts

Abstract

This research, using data from the interview component of the 1990 Consumer Expenditure Survey (CES), examines the main and interaction effects of race, marital status, and residence on the economic well-being of women 65 years or older (N=3,205). Economic well-being is measured by total annualized expenditures of the household for goods and services. The first hypothesis is supported: race, marital status, and urban or rural residence each has a major effect on the economic well-being of older women after adjusting for the effects of age and household size. The characteristics of nonwhite, nonmarried, and rural are associated with lower economic well-being. The second hypothesis is not supported: race, marital status, and residence do not interact to produce differences in the economic well-being of older women. Both hypotheses are examined by analysis of covariance. The results show the economic diversity of older women and the persistent effects of race, marital status, and rural or urban residence on the economic well-being of older women regardless of age and household size.