Consumption
in sentence
2633 examples of Consumption in a sentence
But then the US Federal Reserve hid these weaknesses by engineering a housing bubble that led to a
consumption
boom.
The idea was that a poor person was anyone whose PPP-adjusted daily
consumption
fell short of $1.25.
It acts as a subsidy on the production of tradable goods (which is desirable), along with a tax on their domestic
consumption
(which is incidental and undesirable).
The sudden reduction in excess
consumption
in the United States as a result of the crisis makes meeting this challenge all the more urgent.
One area that presents an opportunity for cooperation is energy policy and climate change, because the two countries’ account for more than 50% of total coal consumption, while their combined share of both global greenhouse-gas emissions and the world economy is 40%.
By allowing the private sector to flourish, and encouraging the shift toward a services-oriented economy, China’s government could bolster employment growth and, in turn, domestic
consumption.
If India is to maintain the faster growth it achieved over the past decade, it must get its fiscal house in order by cutting government expenditures on
consumption
and speeding up privatization.
In impoverished countries where the poor exceed the rich by a huge margin, redistribution would increase the
consumption
of the poor only minimally – by, say, a chapati a day – and the increase would not be sustainable in a context of low income and high population growth.
So, to keep the poor committed to the system as their economic aspirations are aroused, the wealthy would be well advised to indulge less in conspicuous
consumption.
None of this discredits the general rule – which forms the basis of modern monetary policymaking – that a lower interest rate tends to stimulate
consumption
and other expenditure.
From 1970 to 2000, cigarette
consumption
tripled in developing countries.
As the current boom in the world economy is largely fueled by investment demand rather
consumption
demand, only Germany profits from it to full measure.
One key area of focus for this coalition is the disconnect between production and
consumption.
While French public spending – which stood at 56% of GDP in 2011 – is at or above Scandinavian levels, French households pay lower tax rates on
consumption
and personal income.
Its 12th Five-Year Plan, enacted in March 2011, lays out a broad framework for a more balanced growth model that relies increasingly on domestic private
consumption.
Several internal factors – excess resource consumption, environmental degradation, and mounting income inequalities – are calling the old model into question, while a broad constellation of US-centric external forces also attests to the urgent need for realignment.
To the extent that this implies a shift in the mix of GDP away from exceptionally rapid gains in investment and exports, toward relatively slower-growing internal private consumption, a slowdown in overall GDP growth is both inevitable and desirable.
Bewitched by symbols of affluence and a level of
consumption
that she could not afford, she acted like a child herself, with no thought to the future.
As a result,
consumption
weakened, unsteady employment grew, and unemployment stopped declining.
Moreover, the revision was based mainly on personal
consumption
and business investment – the most stable and persistent components of GDP.
Its proponents and adherents failed to consider such fundamental and traditional macroeconomic variables as demand, production, investment, consumption, employment, wages, and the distribution of income.
In addition, the environmental and national-security arguments in favor of discouraging fossil-fuel
consumption
work better if the increase in energy prices is phased in gradually.
A post-crisis generation of “zombie consumers” in the United States is likely to hobble growth in global
consumption
for years to come.
That spells subdued growth in US
consumption
for years to come – with a predictably massive impact on global
consumption.
So, with US
consumption
growth likely to be restrained, who will take America’s place?
For developing Asia as a whole, internal private
consumption
currently stands at a record low of just 45% of GDP – down ten percentage points from the 55% share prevailing as recently as 2002.
With private
consumption
having fallen to a record low of 35% of GDP in 2008 (fully ten percentage points below the Asian norm), China faces major rebalancing imperatives – all the more urgent if post-crisis
consumption
growth in the West remains weak.
The Fed prefers to measure inflation by the price index for personal
consumption
expenditure.
Higher prices for carbon-based energy would also usefully strengthen incentives for energy efficiency, reducing the danger of “rebound effects,” whereby falling energy costs increase energy
consumption.
Both economies’ recoveries have been driven largely by a pickup in
consumption
on the back of stronger household balance sheets, especially in the US.
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