Education: United States
This report forecasts to 2022 and 2026 US education personal consumption expenditures (PCE) in nominal US dollars. Select US enrollment figures are forecast to 2026. Total PCE is segmented by institution in terms of: higher education (public, private), commercial and vocational, elementary and secondary, and day care and nursery.
To illustrate historical trends, total spending, total enrollment, and the various segments are provided in annual series from 2011 to 2021.
This report includes the expenditures of individuals and nonprofit institutions that primarily serve individuals. Spending subsidized by third parties, including the government, is also included, though government spending on public education is excluded. Homeschooling, in which the substantive instruction and training is provided by a non-institutional entity such as a parent or guardian, is excluded. Homeschooling through online schools or through relationships with physical schools is included. This report excludes spending on education-related goods, as well as spending by US citizens on education in foreign countries. Spending by foreign citizens on education in the US is included.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
Related NAICS Codes:
611110 Elementary and Secondary Schools
611210 Junior Colleges
611310 Colleges, Universities, and Professional Schools
611410 Business Schools and Computer and Management Training
61151 Technical and Trade Schools
6116 Other Schools and Instruction
611710 Educational Support Services
624410 Child Day Care Services
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