Consumption
in sentence
2633 examples of Consumption in a sentence
If they perceive improvements in their terms of trade as permanent – a view that gains traction as prices climb – increases in
consumption
and investment tend to outpace income gains, and public and private leverage grows.
(Another case with similar consequences was Japan’s value-added tax increase in 1997, which precipitated a collapse of consumption).
As wealth was wiped out and wages contracted,
consumption
growth collapsed.
If California were to rely on solar power for its electricity consumption, the entire state would have to be covered with photovoltaic cells.
China faces a similar demographic trend, and also a push to unleash household
consumption
in order to sustain GDP growth.
A World Bank study has shown that a 20-watt solar home system can cut monthly kerosene
consumption
in rural households by roughly 15 liters.
Especially in Germany, the Energiewende (the shift away from nuclear energy following the Fukushima catastrophe in 2011) has led to an increase in coal
consumption.
Moreover, silent epidemics have taken hold, particularly in lower-income countries, as the combination of mega-trends like urbanization, population aging, obesity, sedentary lifestyles, smoking, and alcohol
consumption
has spurred the rise of chronic non-communicable diseases (NCDs).
Policymakers must pursue aggressive action to curb the spread of risk factors like the
consumption
of tobacco, alcohol, and obesogenic foods.
The two buildings recall China’s increasingly two-tracked economy: a new track based on services and
consumption
burdened by an old, slower track made up of industries like steel and mining, which are inefficient and suffer from excess capacity.
For the past five years, China has sought to establish a growth model that is less reliant on exports and more reliant on domestic
consumption.
But broken eggs do not necessarily make an omelet: Bush's massive (and still growing) fiscal deficits have stimulated nothing but jitters about a prolonged slowdown in capital formation, household consumption, and economic growth.
This is a taxpayer-funded event for public consumption, so those bidding on government projects should not expect the same level of confidentiality as in private-sector contractual arrangements.
In some cases, this took the form of rapid growth in government; in others, like the US, a pattern of excessive, debt-fueled
consumption
underpinned a large shift in employment to (non-tradable) services and construction.
Indeed, projections from McKinsey & Company suggest that the purchasing power of this rising middle class in emerging markets may rise to $20 trillion over the next decade – twice the current level of
consumption
in the United States.
A sound financial and banking system with limited exposure to global markets, together with the importance of domestic
consumption
in sustaining demand, has also helped.
In Heiligendamm, the G-8 leaders, together with representatives of major emerging economies (Brazil, Mexico, China, India, and South Africa, who have a critical stake in energy
consumption
to continue to generate economic growth), will discuss a comprehensive approach encompassing a set of energy options, from energy efficiency and renewable energy, to clean coal, carbon capture and storage, and carbon sequestration.
And yet, through it all, growth rates have remained stubbornly low and unemployment rates unacceptably high, partly because the increase in money supply following QE has not led to credit creation to finance private
consumption
or investment.
Unlike the French, who are handicapped by the high cost of housing, Germans’ purchasing power is more harmoniously distributed, creating more room for household
consumption
to contribute to economic growth.
Improved social protection can help to ensure adequate food
consumption
and enable recipients to invest in their own nutrition, health, and other productive capacities.
Such efforts to increase productivity are all the more important as China moves to shift from investment- and export-led growth to a more sustainable model based on domestic
consumption
and services.
Likewise, while policies that encourage firms to increase wages will raise household income and domestic consumption, wage increases can erode export competitiveness and choke off inflows of foreign direct investment.
As a result, we now know that economic policies should be geared toward inclusion; material
consumption
will have to be curtailed; and democracy must be protected from the malign influence of concentrated wealth and entrenched interests.
From the start, the focus has been on the transitional imperatives of the modern Chinese economy – namely, the shift from a long-successful producer model to one driven increasingly by household
consumption.
The
consumption
share of GDP has risen just 2.5 percentage points since 2010 – far short of the boost to personal incomes that might be expected from the 7.5-percentage-point increase in the share of services and a 7.3-percentage-point increase in the high-wage urban share of its population over the same period.
This disconnect largely reflects a porous social safety net that continues to foster high levels of fear-driven precautionary saving, which is inhibiting the growth of discretionary
consumption.
At the same time, there appears to be less commitment to a market-based reform agenda featuring private
consumption
and SOE restructuring.
Others, typically old-line communist parties, have retained much of their traditional rhetoric, but this is largely for electoral
consumption.
First, many countries lack survey data showing how income and
consumption
are distributed among their citizens.
If taken at face value, the survey data on prices, together with China’s growth rates, would suggest that China was almost as poor in 1981 as the world’s poorest country today, with average personal
consumption
below the current level of Liberia – another country to which China provides significant aid.
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