Consumption
in sentence
2633 examples of Consumption in a sentence
Bertrand and Morse find that in the years before the crisis, in areas (usually states) where
consumption
was high among households in the top fifth of the income distribution, household
consumption
was high at lower income levels as well.
After ruling out a number of possible explanations, they concluded that poorer households imitated the
consumption
patterns of richer households in their area.
Were it not for such imitative consumption, non-rich households would have saved, on average, more than $800 annually in recent years.
Its new Office for Budget Responsibility forecasts trade contributing as much as
consumption
to GDP growth in the coming years.
To estimate the number of poor in a country requires a household survey of
consumption.
Poor people spend money reasonably effectively on investment as well as on
consumption.
Nevertheless, the benefits are real: while there is little evidence that microfinance sets substantial numbers of poor people on the path to riches, it does help the poor save, smooth consumption, deal with emergencies, and expand existing businesses.
Mounting regional disparities, as well as the widening urban-rural divide, impede household
consumption
growth, increasing the economy’s dependence on exports and foreign investment.
But the current bout of exchange-rate anxiety is really just a symptom of the fact that China’s transition from an export-led growth strategy to one propelled by domestic
consumption
is proceeding far less smoothly than hoped.
America’s Confidence EconomyLAGUNA BEACH – Financial markets seem convinced that the recent surge in business and consumer confidence in the US economy will soon be reflected in “hard” data, such as GDP growth, business investment, consumption, and wages.
Such a financial "hit" may affect their
consumption
patterns, complicate their retirement plans, and even bring them to the brink of indigence.
His signature economic policy, “income-driven growth,” aims to use minimum-wage hikes – 16.4% in 2018 and 10.9% in 2019 – to boost domestic
consumption
by channeling more money to low-income households.
But rapid urbanization is driving up industrial fossil-fuel
consumption
and household water consumption, and is increasing demand for food in areas where arable land is scarce.
As these measures take effect, self-sufficient satellite towns will likely develop, reducing transportation-related energy
consumption
further, while fostering a more active civil society.
Income inequality grew rapidly in the last decade, but
consumption
inequality did not.
The heroin trade would not be booming if Western governments were serious about combating drug
consumption.
Domestic
consumption
is growing.
China, as usual, is the most extreme example, now accounting for more than one-half of global cement
consumption.
Housing booms thus create only an illusion of wealth, though it is compelling enough to induce excessive consumption, as occurred in the United States over the last decade.
The share of non-fossil fuels in primary energy
consumption
is expected to increase to 20% by 2030.
These governments’ excesses lifted Greek
consumption
far above a sustainable level; a fall to earth was unavoidable.
Now materialistic Europe and the developed world are imposing another disaster by on a struggling Africa through a life style of self-enrichment, consumption, and waste.
But, like any other large economy, China’s economy is driven by domestic
consumption
and investment.
Nevertheless, annual GDP grew by 8.7%, thanks to 16.9% growth in
consumption
(measured by gross sale of consumer goods) and a 33.3% surge in fixed-investment demand.
To be sure, China’s domestic
consumption
is not as high as it should be, standing at 49% of GDP in 2008, with household
consumption
accounting for only 35%.
But domestic demand, which determines imports, consists not only of consumption, but also of fixed-asset investment.
Some people may argue that investment growth without
consumption
growth will result in overcapacity and eventually lead to recession.
Household consumption, business investment, and public expenditure have all been cut in an attempt to pay down debt.
The US, where
consumption
accounts for the bulk of the shortfall in the post-crisis recovery, is a case in point.
Indeed, annualized real
consumption
growth has averaged just 1.3% since early 2008.
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