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Consumption in sentence

2633 examples of Consumption in a sentence

The continued growth of US trade deficits, particularly since the mid-1980s, reflects monetary expansion by the Federal Reserve, which has inflated real estate and stock prices; thanks to the resulting wealth effect, consumption has increased and saving has decreased.
By and large, the surge in capital inflows has boosted consumption rather than investment in recipient countries, exacerbating economic volatility and making painful financial crises more frequent.
Capital inflows in economies that suffer from low investment demand fuel consumption, not capital accumulation.
And some 5,000 cases of thyroid cancer, attributed to radioactive iodine absorbed through consumption of milk in the weeks immediately following the accident, have been detected among those who were children at the time.
So monetary policy has since remained tight, with high interest rates contributing to slowing investment and consumption.
The monsoon has been good and will spur consumption, especially in rural areas, which are already growing strongly, owing to improvements in road transport and communications connectivity.
The main reason for the gap is the difference in private consumption, which grew in the US, but fell in the eurozone, especially in its periphery.
A retrenchment of public consumption actually subtracted more demand in the US (0.8 percentage points) than in the European Union (0.1 points).
In fact, public consumption in the eurozone has de facto remained fairly constant over the last three years, whereas it has declined substantially in the US.
The resilience of private consumption in the US, the key to the growth gap, is not surprising, given that American households have reduced their debt burden considerably from the peak of more than 90% of GDP reached just before the crisis.
The lower debt burden is also a key reason why consumption is expected to continue to grow much faster in the US than in the eurozone this year and next.
But the crucial question – and one that is rarely asked – is how US households were able to reduce their debt burden during a period of high unemployment and almost no wage gains while sustaining consumption growth.
The truth is that it is the technological revolution and the surge in consumption in Asia – not the UK’s relationship with the EU – that will transform the way business is done over the next couple of decades.
These shifts will accompany rapid industrialization and advances in science and technology (especially information and communications technology), and will transform dietary habits and consumption patterns.
Alternatives do need to be explored, including more efficient use, diversification into more easily accessible substitutes, and reduction of overall consumption (though in all these cases, it is easier to deal with energy shortages than food shortages).
And China needs to rebalance its economy – shifting from construction and exports to household consumption as the main engine of growth – while it still has time.
Other increasingly prominent trends – such as collaborative consumption, pay per use, and sharing and leasing models – could offer similarly powerful impetus to these efforts.
But Asia’s economies can still grow much faster than the developed West if they respond to prolonged stagnation by rebalancing their growth toward internal demand, especially household consumption.
The share of consumption in GDP in these economies fell from more than 60% in the early 1980’s to less than 50% today.
In China, it is less than 40% – far below the norm for the world’s major economies and for other Asian economies at a comparable stage of development – despite nearly 7% annual average growth in China’s per capita consumption in recent years.
The Asian economies are home to 3.5 billion consumers, but their share in global consumption remains small – much smaller than their share in global GDP.
China alone accounts for 20% of the world’s population, nearly 11% of global GDP, but only 3% of global consumption.
As a result, they have the fiscal firepower to boost consumption in order to mitigate the effects of declining exports.
Confronted with another global slowdown that could depress its export markets for years, China needs to boost consumption even as it cools investment.
Migrants’ continued lack of access to public services might prevent a large rise in consumption as a share of GDP.
For a short time, asset sales helped balance national budgets, and also provided resources for sustaining consumption.
Consider also what is happening to private consumption and retail sales.
But, because the official statistics capture mostly sales by larger retailers and exclude the fall in sales by hundreds of thousands of smaller stores and businesses that have failed, consumption looks better than it really is.
And, while higher-income and wealthier households have a buffer of savings to smooth consumption and avoid having to increase savings, most lower-income households must save more, as banks and other lenders cut back on home-equity loans and lower limits on credit cards.
Higher household saving depresses consumption because it is the difference between households’ after-tax income and what they spend.
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