Consumption
in sentence
2633 examples of Consumption in a sentence
Modern capitalism inflames through every sense and pore the hunger for
consumption.
The truth is that we cannot go on successfully automating our production without rethinking our attitudes toward consumption, work, leisure, and the distribution of income.
To be sure, the malaise in the United States and Europe is likely to hurt Chinese exports; but, over the long term, China wants to reorient its economy toward domestic
consumption.
At the same time, various other factors are reducing global resource consumption, including increased energy efficiency in residential, industrial, and commercial buildings, and lower demand for energy in transportation, owing to the proliferation of autonomous vehicles and ride sharing.
China has already made significant progress in reducing its resource intensity: between 1980 and 2010, its economy grew 18-fold, but its energy
consumption
grew only fivefold.
At the same time, financial deepening was essential to spur entrepreneurial activity and
consumption.
Rather, firms are less inclined to invest because slow wage growth is depressing consumption, and thus overall economic growth.
And weaker labor protections will further reduce workers’ bargaining power, thus holding down wage growth and overall
consumption.
Most CO2 emissions result from the burning of fossil fuels – coal, oil, and natural gas – for energy, global
consumption
of which is rising as the world economy grows.
Because real income growth is vital to boost
consumption
and prices, central bankers and politicians are now in the novel business of encouraging wage increases.
A better strategy would also entail policies that address the structural drivers of stagnant wages and
consumption.
Indeed, from slashing coal
consumption
to address air pollution to plans for integrating information technologies with modern manufacturing, the government has shown time and again that it recognizes its reform imperatives.
Nor do standard accounting methods tell us which generation must ultimately pay for government
consumption
spending.
If a future taxpayer is to pay more in net taxes (taxes minus transfers) than a current newborn in order to receive the same level of public goods, then the current generation is not paying for its own
consumption
but is, instead, imposing debts on its own children and grandchildren.
Monetary subsidies to
consumption
are also often granted in developed countries for a variety of purposes, not least of which is fighting tax evasion.
After all, the Union cannot afford to permit current
consumption
to continue to prevail over the investment needed to ensure future prosperity.
As more of China’s population converges to Western standards of consumption, demand for commodities – and thus their prices – will remain on an upward trajectory.
As the composition of China’s economy continues to shift from investment to consumption, demand for commodity-intensive consumer durables – cars, mobile phones, indoor plumbing, computers, and televisions – will rise.
If people feel rich and enjoy growing wages and appreciating assets, they are less inclined to cannibalize other spending when commodity
consumption
becomes more expensive.
Indeed, there have been many smaller “booms” – in consumption, foreign direct investment, domestic stock markets, trade, travel, overseas study, military modernization, and international diplomacy.
If we care about environmental and other externalities, should we want oil prices to go up, because that will discourage oil consumption, or down because that will discourage oil production?
At the same time, lower oil
consumption
would reduce traffic congestion and accidents, limit local air pollution and its adverse health effects, and lower greenhouse-gas emissions, which lead to global climate change.
If the retail price of fuel is low, domestic
consumption
will be high.
High oil
consumption
leaves a country vulnerable to oil-market disruptions arising, for example, from instability in the Middle East.
If gas taxes are high and
consumption
is low, as in Europe, fluctuations in the world price of oil have a smaller effect domestically.
Besides raising taxes on fuel consumption, the US should also stop some of its subsidies for oil production.
Whatever positive impact wealth effects have had on
consumption
and deleveraging cannot be expected to continue.
More recently, China began to apply the same approach to building a more innovative, knowledge-based economy – one in which the services sectors, together with domestic consumption, drive growth.
The impact on China’s competitiveness of rising real wages – which have been increasing by more than 15% annually since 2008 – will, the country’s leaders expect, ultimately be offset by the benefits of productivity-led growth, not to mention the much-needed increase in domestic
consumption.
If interest rates rise too far, then the collapse in housing values will lead to large-scale foreclosures and a collapse in
consumption
spending as well.
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