consumer spending
Household buying activity
Consumer spending is the total amount of money spent by households on goods and services.
Economists track it as a key indicator of economic health since it typically accounts for the largest share of a nation's economic activity: Consumer spending drives about two-thirds of U.S. GDP.
Also called consumer expenditure.
- unemployment ratePercentage without jobs seeking work
- disposable incomeEarnings minus essential costs
- paycheck to paycheckNo savings between wages
- GDPNational output abbreviation
- inflation rateSpeed of rising costs
GDP growth · impulse buying · savings rate · purchasing power · credit card debt · buy now pay later · fiscal policy · brand loyalty · economic cycles · investment · peer influence · retail sales · keeping up with the Joneses · luxury goods · housing costs · interest rates · market competition · wallet
- economic indicatorsGDP, GDP report, GNP, CPI, PPI
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- economyGDP, money, inflation, inflation rate, GNP
- modern economicsGDP, GDP growth, recession, inflation, interest rates
- UK economyBank of England, pound sterling, GDP, London Stock Exchange, sterling
- economic dataGDP, CPI, PPI, inflation rates, inflation rate
consumer spendingbusiness investment
Money committed to enterprise
government spending · capital expenditure · military spending · capital investment · public expenditure
consumer spendingsaving
Reserving for future use
thrift · frugality · hoarding · austerity · belt-tightening