Example collocations logo

Consumption in sentence

2633 examples of Consumption in a sentence

Last year, when Japan’s Diet passed the legislation to raise the consumption tax, it included a provision calling for the plan to be reevaluated if economic conditions required it.
But, if the ministry’s view of the consumption tax was correct, Nikkei futures would have gained more – or at least lost less – than futures in other countries.
Just a year ago, former Prime Minister Yoshihiko Noda attempted, despite a deep recession, to raise the consumption tax without monetary easing – a strategy that could have brought only continued economic stagnation.
This drive toward an off-the-grid, eat-what-you-raise, bike-there-on-your-own, solar-powered collective fantasy is inevitable: Americans were pumped full of hope that more consumption would make them happier, and instead were left with a pile of debt.
As underscored in a joint statement of the US and China regarding trade consultations, “significantly” increased Chinese purchases of foreign – in particular, US – goods and services will also enable the country “to meet the growing consumption needs of the Chinese people and the need for high-quality economic development.”
Similarly, Israel, once thought to be the only place in the Middle East without hydrocarbons, is sitting on 800 billion cubic meters of offshore gas reserves, more than 130 years of the country’s current annual gas consumption.
It would not be surprising if most of the signatories actually raised their energy consumption in coming years, turning to fossil fuels because they cannot afford any other option.
Fiscal weakness, a resetting of real-estate values, and lower consumption all point to the potential for long-term structural unemployment.
They also need to redirect the $21 billion spent in Africa on subsidies for loss-making utilities and electricity consumption – which mainly benefit the rich – toward connection subsidies and renewable-energy investments that deliver energy to the poor.
The next year, the Petroleum Revenue Management Act divided the wealth among consumption, investment, and offshore savings, as recommended by economists around the world (including us).
Moreover, given continuing malaise in credit and housing markets, private consumption will remain subdued; indeed, two percentage points of the 2.8% expansion in the last quarter of 2011 reflected rising inventories rather than final sales.
By phasing out old-fashioned incandescent light bulbs and introducing a new generation of lighting, China expects to cut national energy consumption by 8%.
Consider this: lighting accounts for 19% of world energy consumption.
With China’s old comparative advantage of cheap labor diminishing, but its new comparative advantage not yet revealed, domestic consumption is the key to sustaining economic growth.
A host of public policies will be needed to improve China’s income distribution – and thereby stimulate household consumption.
The Next Task for China’s New LeadersBEIJING – On a recent fact-finding trip to China, organized by the European Council on Foreign Relations, I began with the assumption that the country’s biggest challenge revolved around the need to promote domestic consumption in order to maintain rapid economic growth.
Private consumption accounts for only about 37% of China’s GDP – the smallest share of any major economy.
That could lead to as much as a five-percentage-point increase in China’s consumption share by 2015.
Higher stock prices would lower the cost of equity-financed business investment and increase household wealth, thereby stimulating consumption.
Indeed, it so greatly fueled American demand that total spending (consumption plus investment) actually grew much faster than production.
If Asian domestic consumption increases, for example, global economic growth will depend far less on over-consumption by debt-laden Americans.
America’s interventions in Vietnam and Iraq, its opposition to the Kyoto Protocol and insatiable consumption of natural resources, its role in creating the current financial crisis, the abuses at Abu Ghraib, and much else highlight America’s flawed record.
Growth in two components of private demand, residential investment and consumption, which account for more than 75% of total spending in the US economy, has been especially slow.
Large losses in household wealth, deleveraging from unsustainable debt, weak wage growth, and a decline in labor’s share of national income to a historic low have combined to constrain consumption growth.
To be sure, the balance-sheet headwinds holding back consumption have eased.
But consumption will be hit by the expiration of the payroll tax cut, which will reduce household income by about $125 billion this year.
America’s 2008 stimulus barely budged consumption upward, and the 2009 fiscal stimulus cost hundreds of thousands of dollars per job – many times higher than median pay.
Similarly, dam building and river diversion have become commonplace, as humans’ water consumption has risen nine-fold over the past century, to the point that mankind now uses more than half of all accessible fresh water – roughly two-thirds of it for agriculture.
At the same time, of course, human consumption of fossil fuels, together with our agricultural activities, have caused substantial increases in concentrations of “greenhouse” gases – CO2 by 30% and methane by more than 100%.
For example, patterns of alcohol consumption in Europe are beginning to shift.
BackNext