Households
in sentence
1591 examples of Households in a sentence
By 2014, the poorest 25% of
households
owned less than 2% of the country’s total wealth, while the top 1% owned one third.
Ironically, spending cuts for health, education and training, and the environment, along with large regressive personal and business tax reductions, will further enrich the “elite” while undermining programs that benefit the majority of
households.
Until US
households
make greater progress in reducing excessive debt loads and rebuilding personal savings – a process that could take many more years if it continues at its recent snail-like pace – a balance-sheet-constrained US economy will remain hobbled by exceedingly slow growth.
Smart
households
and entrepreneurs could take profits and reduce their debts.
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.
Consistent with the idea that
households
at lower income levels were “keeping up with the Vanderbilts,” the non-rich (but not the really poor) living near high-spending wealthy consumers tended to spend much more on items that richer
households
usually consumed, such as jewelry, beauty and fitness, and domestic services.
Indeed, many borrowed to finance their spending, with the result that the proportion of poorer
households
in financial distress or filing for bankruptcy was significantly higher in areas where the rich earned (and spent) more.
Were it not for such imitative consumption, non-rich
households
would have saved, on average, more than $800 annually in recent years.
And the effect of spending by the rich on non-rich households’ spending was higher in areas where house prices could move more, suggesting that housing credit and the ability to borrow against rising home equity may have supported over-consumption by the non-rich.
“White
households
earn at least five times more than black households,” said Zuma, and “only 10% of the top 100 companies on the Johannesburg Stock Exchange are owned by black South Africans.”
Inevitably, this crisis – manifested, under a fixed exchange-rate system, through bond spreads – threatens to take down debtors indiscriminately, be they governments, banks, or
households.
In attempting to save governments through fiscal austerity, banks are threatened with balance-sheet losses and a sudden collapse in confidence, while
households
suffer much higher unemployment.
But it is not only local governments that have benefited; through cash transfers created during the so called neo-liberal years, families have gained as well, most importantly through a universal and non-contributive old-age pension benefit given to persons over 60, which reaches slightly more than 30% of
households.
Households
whose members have steady jobs borrow from micro-financiers to pay the fees, and then spend the rest of the year repaying the loan.
Over time, as businesses have cut back on investment in response to diminishing returns, growth in labor productivity and hourly wages has slowed, and workers in many
households
have dropped out of the workforce.
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.
In Vietnam, an estimated 1,000
households
farm and trade pythons, and python harvesting in Malaysia provides incomes for low-skilled, low-income workers during periods when other employment opportunities are either out of season, or simply scarce because of larger economic factors.
By contrast, from an economic point of view, many American
households
really rent their homes from the Chinese government.
Learning disabilities occur almost twice as frequently among children in
households
earning less than $35,000 a year than they do in
households
earning more than $100,000.
And some in the US Congress want to cut food stamps – on which some 23 million American
households
depend, threatening the poorest children with hunger.
The continuing focus is the lack of growth in China -- it has fallen to "only" 7.1% -- along with deflation, the lack of confidence on the part of
households
who will feel the impact of the formidable restructuring problems in state enterprises, and the loss of international competitiveness.
In an environment of excess debt and inadequate savings, wealth effects have done very little to ameliorate the balance-sheet recession that clobbered US
households
when the property and credit bubbles burst.
One of the main problems today is too much debt in the global financial system – among sovereigns, banks, and households, and especially among the advanced economies.
Before doing anything else, we must relieve some of the balance-sheet pressures – on sovereigns, households, and banks – that risk smothering the recovery.
Unpaid care work – which includes the vital tasks that keep
households
functioning, such as looking after children and the elderly, cooking, and cleaning – obviously amounts to a major hurdle to more active participation in the economy.
So does the ability of
households
to borrow and lend in order not to be forced to match income and expenditure every day, week, month, or year.
In Bangladesh, for example, just 13% of
households
that receive remittances from abroad are below the poverty line, compared to 34% of non-remittance-receiving
households.
They have recovered well: whereas the world’s richest 1% of
households
owned 42.5% of all wealth in 2008, they own 50.1% today.
“Forest accounts,” for example, have revealed that Guatemala has the fastest deforestation rate in Central and South America, with most uncontrolled logging being carried by
households
for their cooking needs.
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