Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 23 ISSUE 4
Written by Mary Cris F. PLEÑOS

Household spending is essential in determining the productive success of an economy since changes in household consumption at the micro level will affect the economy as a whole. This study aims to evaluate the consumption expenditure of households in the province of Leyte and identify demographic characteristics that may affect it. Both descriptive statistics and multiple regression analysis were used to answer the objectives of this study. Based on the findings, the minimum monthly household consumption expenditure is PHP 2,222 (40.29 USD) and the maximum is PHP 71,792.10 (1,294.72 USD). A bigger portion of the overall spending is spent on food while the least is spent on healthcare. By econometric analysis, marital status, sex of the household head, education and income were positively related to the households’ overall household spending. This study suggests that a family must increase their spending on healthcare, family planning must be considered to minimize household expenditures, and proper education must be promoted to ensure financial stability among households.

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