3. Consumer spending as a share of GDP: Private consumption remains the major driver of Brazil’s economy, much more so than in other emerging economies. In China, for example, consumer spending made up only 36 percent of GDP in 2014, as compared to Bra...
Focuses on consumer confidence, spending and labor markets. Comments on the Conference Board's consumer confidence index; Information on the manpower employment outlook survey; Presentation of capital spending as a percentage of GDP; Depiction of personal-consumption expenditures as a percentage of GDP...
Quarterly GDP growth hit 0.8 percent, keeping pace with the first quarter and up a tenth of a percentage point from a preliminary estimate, yesterday's final data from national statistics agency INE showed. Consumer spending grew 3.6 percent year on year as people who kept their jobs through a...
NEW YORK, May 31 (Xinhua) -- The personal savings rate, as a percentage of disposable income, fell to 4.4 percent in April, the lowest level since 2008 in the United States, according to the Commerce Department. "For some, the decline is a red flag for consumer spending, which accounts...
Christopher Waller, a member of the Federal Reserve’s Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase in the Fed’s key short-term interest rate later this month if upcoming economic data points to robust consumer spending. July 15, ...
McKinsey's ConsumerWise team breaks out the state of US consumer spending in 2024. Read the annual report for the latest data, trends, and insights.
How about in a bad economy? There is no doubt that consumer spending is the most vital component of any economy. Why? Depending on the economy's sheer breadth, consumer spending can range anywhere from 50% to 75% ofgross domestic product(GDP). ...
Financial Markets:Financial market prices can react to the CPI, as reactionary Fed policies directly impact economic growth, corporate profits, and consumer spending ability.3A higher CPI often means that a less stringent government policy is generally in place. Debt is easier to obtain and individua...
Explore spending intent Jump to Sector Insights Retail & consumer products The percentage of respondents engaging in cost-saving behaviors at grocery stores remains in flux as many across the globe acclimate to a jump in food prices. Explore retail & consumer products Travel & ho...
Accounting for inflation, consumer spending increased by 0.5% in December, while wages grew by 0.4%. By the numbers: Credit card debt has risen since April 2021. However, credit card debt is not a systemic risk. As a percentage of income, it is still below historical norms. The 20-...