BEA Data Shows Hobbies at Record 5% of U.S. Goods Spending

unusual_whales posted that Americans devote 5% of goods spending to hobbies, an all-time high according to Bloomberg. Kalshi Finance echoed the claim in a separate post. Replies noted the rise from 2% in 1960, questioned what categories lost share, linked the shift to lower savings rates and unaffordable big purchases, and suggested older retirees drive the trend. One reply predicted further growth as AI spreads.