Households
in sentence
1591 examples of Households in a sentence
Once the recession ends and recovery begins, a “stock-adjustment” response takes hold, as
households
compensate for foregone replacement and update their aging durable goods.
Sadly, most American
households
are still far from recovery on the asset side of their balance sheets.
But within the US, the greatest risk is a sharp decline in asset prices, which would squeeze
households
and firms, leading to a collapse of aggregate demand.
To grasp how risky, consider this: US
households
now own $21 trillion of equities, so a 35% decline in equity prices to their historic average would involve a loss of more than $7.5 trillion.
It also provides the women with greater bargaining power in their own
households.
Tax cuts and the redistribution of wealth toward
households
are also possibilities.
Moreover, only a small portion of the liquidity created by unconventional monetary policy has been channeled toward
households
and the small and medium-size enterprises that generate most new jobs.
This spending consumes a large proportion of poorer households’ income, precludes more productive household investments, creates few jobs, and often remains untaxed, as doctors and hospitals are frequently paid under the counter.
Mini-grids are essentially localized electricity networks that supply several users, whether
households
or businesses.
Power cuts on the main grid can affect a large number of businesses and households, and it can be difficult to restore services quickly.
Budget deficits and the resulting national debt are important not only in themselves; they also contribute to a country’s current-account deficit, which is the difference between its level of domestic investment by businesses and
households
in structures and equipment and the amount that it saves to finance those investments.
That amount, which includes the saving of businesses and households, is reduced by the amount that the government borrows.
In the case of Greece, the saving of businesses and
households
exceeds the level of investment in businesses and housing by just enough to outweigh the dissaving by the government, resulting in a very small current-account surplus.
This situation is largely the result of predictable post-crisis economic dynamics, as firms and
households
in advanced countries repair their balance sheets.
On the balance-sheet side, even if a temporary decline in long-term interest rates pushes up asset values, debt-burdened
households
with uncertain employment prospects are unlikely to rush to consume.
Mian and Sufi show that the recession was caused by a collapse of household consumption, and that consumption fell most in those counties where pre-crisis borrowing and post-crisis real-estate prices left
households
facing the largest relative losses in net wealth.
These countries’
households
continue to save, accumulating deposits at their local banks and buying bonds from their local wealth managers.
Indeed, stock markets are tanking precisely because investors fear that ever-increasing risk premia in the eurozone’s peripheral countries will force them to stop consuming and investing, leading to lower German rates and thus inducing German
households
to reduce their consumption as well.
If Germany’s current-account surpluses, currently running at 9% of GDP, were universalized, with every member state’s government, private sector, and
households
net savers, the euro would shoot through the roof, destroying most of Europe’s manufacturing.
According to global business consultant Vijay Mahajan, “50-150 million Africans are classified as economic elites with spending power similar to working-class citizens in the West,” and an additional 350-500 million Africans live in
households
with stable jobs.
Just as banks are hoarding cash,
households
will try to preserve wealth by increasing their saving.
While there is no significant effort to cap spending on some of the largest fiscal programs, including the National Rural Employment Guarantee Act (which guarantees 100 days of wages to rural households) or the fertilizer subsidy, measures to improve implementation and reduce leakage are being put in place.
This reduced households’ purchasing power and weakened aggregate demand, while diminishing the devaluation’s overall impact on the country’s external competitiveness.
Amazingly, the richest 1% of American
households
now has a higher net worth than the bottom 90%.
The annual income of the richest 12,000
households
is greater than that of the poorest 24 million
households.
Although more than 30 million people still live in poverty, this is millions less than only a few years ago;- Real median family income is at its highest level in over 30 years;- Unemployment is at its lowest level in 30 years;- Over the past few years, the income share of the bottom 20% of
households
is at its lowest in over 30 years, while the income share of the top 5%-20% of
households
is at its highest.
They argue that a country where more than 30% of
households
earn less that $25,000 is one where working does not provide you with enough money with which to live.
The EU is still very far from having a single energy market, which makes it more costly for business and
households
and reduces efficiency.
Similarly, the State Administration of Foreign Exchange (SAFE), the subsidiary of the People’s Bank of China that controls the foreign-exchange transactions of commercial banks and households, derives its power from controlling capital inflows and outflows.
All of this will mean a reduction in national saving and an increase in spending by
households
and the Chinese government.
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