What does consumer spending mean?
Definitions for consumer spending
con·sumer spend·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word consumer spending.
Wikipedia
Consumer spending
Consumer spending is the total money spent on final goods and services by individuals and households.There are two components of consumer spending: induced consumption (which is affected by the level of income) and autonomous consumption (which is not).
Wikidata
Consumer spending
Consumer spending or consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. There are two variants of consumption in the aggregate demand model, including induced consumption and autonomous consumption.
Numerology
Chaldean Numerology
The numerical value of consumer spending in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of consumer spending in Pythagorean Numerology is: 7
Examples of consumer spending in a Sentence
Recent data on household spending and credit growth indicate that we will likely see a K-shaped consumer spending pattern in 2023, with low- and median-income families exercising more spending restraint, and families at the higher of the income spectrum still spending, albeit with more discretion.
We continue to expect consumer spending to kick the year off on a robust foot after the drop in energy prices gave consumers a substantial windfall.
Consumer spending certainly isn’t falling off a cliff, but we are seeing ample evidence that Americans are becoming more reluctant to make certain purchases, especially larger expenses and acquiring physical goods, services spending has been more robust, perhaps still owing to pent-up demand that stacked up during the pandemic for things like traveling and dining out.
Maybe even higher, that is going to constrain business investment, that is going to constrain hiring, and that is going to constrain consumer spending. And so that will lead to weaker economic activity going forward.
Long story short, we’re seeing a more cautious consumer, consumer spending certainly isn’t falling off a cliff, but we are seeing ample evidence that Americans are becoming more reluctant to make certain purchases, especially larger expenses and acquiring physical goods.
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"consumer spending." Definitions.net. STANDS4 LLC, 2024. Web. 2 Nov. 2024. <https://www.definitions.net/definition/consumer+spending>.
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