Consumer Spending in a sentence

When considering the broad picture of consumer spending in the United States, many assume the holiday season accounts for a significant percentage of total consumer spending, but it’s not as much as you might initially think.

The well-respected GfK projected that consumer spending would climb 1.5% in 2019, but warned that a further escalation in the global trade dispute would hurt consumer spending.

The central bank focuses on the PCE price index as it reflects actual consumer spending, including shifts to less expensive items, unlike the more well-known consumer price index.

Consumer spending is the lifeblood of the United States economy, and the psychology of the market is deeply entwined with the psychology of the consumer.

This fall would manifest itself in a sharp decline in consumer spending by 11 per cent, in spite of the drop in general consumer price level by 4.4 per cent.

Zimbabwe consumer spending keeps growing, as demand for basic and fast-moving consumer to firm due to excessive monetary build up in the economy that is driving stronger demand for products, economic analysts said.

A recovery based on consumer spending is likely to be more gradual than one driven by stimulus spending or a boom in real estate investment.

Experian reviewed national sales data to determine if back-to-school spending has a noticeable impact on consumer spending behavior.

This was aided by a favorable backdrop as consumer spending surged following the pandemic era stimulus (as well as the spending of pent-up savings).

The handouts discouraged the unemployed from returning to work and fueled consumer spending, which was already primed to surge owing to pent-up savings from the Covid lockdowns and spending under Donald Trump.

Growth was unchanged from the department’s previous estimate but the components were slightly altered with consumer spending slightly stronger but government spending and business investment a bit lower.

Households are the bedrock of every economy, with consumer spending accounting for more than 60 per cent of total spending (aka “aggregate demand”).

In a more protectionist world, companies that rely on domestic and consumer spending look more resilient than those exposed to foreign and business spending, UBS has said.

In addition to a revised estimate of government spending, pretty much every other component of GDP was notched down—in particular, consumer spending and business investment.

The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.

As of 2016, high-street retail spending accounted for about 33% of consumer spending and 20% of GDP.

A consumer spending slowdown is setting the scene for a fierce battle on price in the department store sector after a strong start to 2023 by Myer and David Jones.

A hold on inflation and prices coming down in time for holiday purchases may positively impact consumer spending.

Also, despite elevated prices, Americans continue to spend, and consumer spending is the dominant force in the U.S. economy.

And if the budget deficit is funded by enhanced savings, consumer spending is accordingly subdued and price inflation moderates.