Consumption
in sentence
2633 examples of Consumption in a sentence
The region’s economies are now cooling and incomes are flattening, and low-cost capital inflows will no longer encourage public- and private-sector
consumption.
Moreover, employment gains have been robust during the first six months of Trump’s presidency, with more than a million jobs created, and stocks are soaring to new highs, both of which are fueling higher
consumption.
Stated differently, Greece is now able to finance its current level of
consumption
and investment, including government and private spending, without relying on capital inflows from the rest of the world.
Its proponents argue that it is the main policy instrument left, and that it will work by increasing credit or lowering the discount rate, which will raise asset prices and hence
consumption
via balance-sheet effects.
With the post-crisis resetting of domestic
consumption
and savings, US aggregate demand will remain depressed.
Mian and Sufi show that the recession was caused by a collapse of household consumption, and that
consumption
fell most in those counties where pre-crisis borrowing and post-crisis real-estate prices left households facing the largest relative losses in net wealth.
Lower interest rates can thus lead to lower
consumption
in surplus countries, thereby increasing the supply of loanable funds.
Indeed, stock markets are tanking precisely because investors fear that ever-increasing risk premia in the eurozone’s peripheral countries will force them to stop consuming and investing, leading to lower German rates and thus inducing German households to reduce their
consumption
as well.
But after 1984, growth slowed, because resources that should have been allocated for investment were instead spent on consumption, particularly among higher-income earners.
The unwillingness of the Chinese to consume enabled Americans to build new houses for many years on borrowed money and to maintain a level of
consumption
that the US economy was unable to finance on its own.
The estimated price pass-through for imported manufactured goods, which would better represent what enters the
consumption
bundle, is even lower than that for all non-fuel imports.
According to Thiel, the key difference between this phenomenon and the rise of robots lies in
consumption.
Developing-country workers took advantage of the bargaining power that globalization afforded them to gain resources for their own
consumption.
Standing on the streets of one of these vibrant cities, one gains a deeper appreciation of recent data on China’s rising domestic
consumption.
In the medium and longer term, the expected and hoped-for increase in China’s domestic
consumption
should be the most dynamic element of demand, with export growth continuing to slacken and investment remaining – except for brief periods – below 50% of GDP.
This is not guaranteed, however, as progress in establishing social insurance – crucial to increasing
consumption
– has been relatively slow, while monetary transfers to families (such as those that have been implemented in Brazil, Mexico, and elsewhere in Latin America) might not be feasible, given the logic of China’s political system.
Mozambique, for example, imports 60% of its wheat consumption, and Egypt imports 50% of its food supplies.
Oil-producing countries can either cut consumption, or maintain it by improving productivity.
But to avoid deep cuts to current consumption, any credible growth strategy will have to put structural reforms before even macroeconomic stabilization, lest failure to deliver growth leads to a financial crisis and even deeper
consumption
cuts in the future.
As in the 1980s, the region’s governments today have tied oil revenues to
consumption
subsidies, public-sector employment, and public investment.
Decoupling oil revenues from public subsidies will require a new social contract that is based less on guaranteed
consumption
and more on personal autonomy.
And a new fiscal-transfer system should be established to support investment rather than
consumption.
If the trade deficit is reduced by 3% of GDP between now and the end of the decade, the implied rise in exports and decline in imports would reduce output available for US
consumption
and investment by about 0.3% per year.
These two international effects would leave annual net growth of real goods and services available for US
consumption
and investment – both domestically produced and imported – at just 1.9%, implying no change compared to the past decade.
As a result, the rise in the real value of goods and services available for US
consumption
and investment was the same as the rise of real GDP.
China’s Bumpy New NormalSHANGHAI – China’s shift from export-driven growth to a model based on domestic services and household
consumption
has been much bumpier than some anticipated, with stock-market gyrations and exchange-rate volatility inciting fears about the country’s economic stability.
Uncertainty may lead to lower
consumption
and investment (which is why governments should aim for rules that buttress stability).
In other words, the goal is to achieve sustainable production and
consumption.
Switching to energy-saving light bulbs, for example, can reduce a household’s total electricity
consumption
by up to 15%, and could save Europe 40 billion kilowatt-hours per year – a figure that is roughly equivalent to Romania’s current annual
consumption.
To this end, China invested $67 billion in renewable energy in 2012 alone, and Saudi Arabia seeks to ensure that renewables comprise 30% of its total energy
consumption
by 2032.
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