Sentences with phrase «higher spending households»

Not exact matches

But for most households, high debt is the disease, not the cure, and adding more debt to «stimulate spending» is like trying to put out a fire with gasoline.
While household spending is similar in some areas, low - income Americans spend a significantly larger proportion of their money on housing, while high - income Americans spend a much higher proportion on insurance and retirement expenses.
So, high - earning households spend significantly more of their income on Social Security — which is automatically deducted from all earned income for individuals at a rate of 6.2 % — and payments into retirement plans.
In the October report, there were five: stronger - than - expected U.S. growth; higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted households.
Not only is she setting an example for her daughter as a busy executive who prioritizes spending high quality time with her children, her son sees his father helping in the kitchen and with other household matters.
«With gasoline prices remaining low (providing a huge windfall to U.S. consumers), confidence sky - high and the buoyancy in labor market activity likely to bolster household income, we expect consumer spending activity to rebound strongly in the coming months,» Mulraine said.
Social networkers with low household income spending more time than those with high household income (3.7 hours vs. 3.1 hours);
The increased borrowing, together with the greater wealth that comes with higher asset prices, encourages households to spend more, generating income for other households and creating opportunities for companies.
Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.
If policymakers want higher spending, they should transfer cash directly to households.
Provisions that increased households» after - tax income quickly — and thus were most likely to increase spending quickly — received the highest grades.
«The tax cuts will go to higher income households that have a lower propensity to spend the money.
In Raleigh, for example, high - income households receive an average MID benefit of $ 1,996, while spending on Section 8 and MID benefits for low - income households amount to just $ 213 - the difference between these values is a factor of 9.4.
These programs are particularly beneficial to low - income households, which spend a higher percentage of their income on energy bills.
The pick - up in consumption in the March quarter appears to be continuing and is being supported by further increases in consumer confidence; household spending increased by 2 1/2 per cent in the June quarter and consumer confidence is now at its highest level in 4 years (Graph 3).
This lends support to our forecast that there will be a slowdown in growth in Q2 from slower government spending, delayed household adjustment to higher tax burdens, and a smaller increase in inventories.
What the world badly needs is credit expansion to fuel new investment that raises productivity, and for that productivity gain to flow through to higher wages and household spending.
The Canadian consumer, meanwhile, might be benefiting from somewhat cheaper gasoline, but their spending capacity is stretched thanks to a record high level of household debt.
Through higher savings, U.S. households have materially paid down debt relative to their disposable incomes over the past decade, and this creates further opportunity for growth in consumer spending.
A high rate of growth in spending by households has been an important factor sustaining the strong performance of the Australian economy.
What if Trump's pro-business plans, along with maybe even some infrastructure spending, combined with some household formation from the millennials, causes velocity to tick higher?
«Low rates and higher asset prices should support household and business spending and investment through various channels.»
Though it boosts the economy in the short term, high levels of household debt add pressure on the economy in the long run, as households are forced to cut spending in order to repay their debt.
Women who are high powered do not generally want men who want to spend their time managing the household social calendar (something that is a HUGE job for a stay - at - home parent.)
«But weak wage growth and high levels of unemployment will continue to be a brake on household spending
Spending more money on apprenticeships and reducing council tax for all - pensioner households were also high up the list.
He won't be talking about looming high inflation squeezing those same households» spending power.
«Spending in the wider economy is also hit because millions of public sector workers are enduring a pay freeze - while inflation is high and the cost of household necessities, like energy, are soaring.
Other impacts, according to the researchers: Households in the lowest income bracket spend twice the proportion of their income on electricity than those in the highest income bracket.
«These regions had the highest household spending associated with clothing,» Ivanova said.
Fashion sales up but future looks gloomy (Times Online) «Sales of clothes, shoes and textiles were 9.5 per cent higher than in April last year, the biggest annual rise since July last year... Analysts said that retailers would struggle to keep up the momentum as households faced sluggish earnings growth and political uncertainty as well as tax rises and spending cuts.»
A modern conservative columnist, Kate O'Beirne, writing in the National Review, has questioned the value of food stamps, school breakfasts and lunches, and the WIC programs (Special Supplemental Nutrition Program for Women, Infants, and Children): «With rates of excess weight and obesity highest among low - income households, budget officials should be asking themselves why tens of billions of dollars are being spent each year by federal nutrition programs aimed at boosting food consumption by the poor.»
This anxiety might be found in any public school, but in a socioeconomically disadvantaged school like Paul Cuffee, with a population that includes 89 % racial minorities, 77 % students qualifying for free or reduced lunch, and 46 % from families living in deep poverty (with household incomes at less than half the federal poverty level), the stakes are exceptionally high when spending decisions are made.
An expected increase in interest rates and higher mortgage payments might put the brakes on household spending on consumer goods.
According to a CBC News article, a higher interest - rate environment could lead to a significant increase in Canadian household debt financing, as opposed to consumer spending.
The solution: Create a household budget, get your spending back under control and pay off high interest debt before the debt waters rise even further.
The strong expansion of household spending, encouraged by a prolonged period of historically low borrowing rates, has created concerns over Canadians» record - high debt loads.
Just last year, Canada's household debt burden hit record highs, and holiday spending was up another 8 percent.
The middle - class couple earns $ 50,000 each (by the way, this $ 100,000 of household income is still much higher than the median Canadian household income of $ 76,000), and spends collectively $ 60,000 a year.
According to Statistics Canada, the average Canadian household spends just over $ 500 a month at the grocery store — depending on which city or region you live in, however, that number could be a lot higher.
TORONTO, ON - The average Canadian will spend 8 per cent more this holiday season than they did last year, and with Canadian household debt at a record high, many people will be facing significant debt levels come January.
Concurrently, horse owners presented a higher household income compared with other pet owners and the rest of the population.The average amount spent to purchase a horse in 2006 was $ 6,900.
U.S. households spend more each year on their pets than on prescription drugs, furniture or men and boys» clothing, according to U.S. Bureau of Labor Statistics data collected by the Census Bureau, pet ownership is at a record high nationwide.
Working dogs, who come into contact with birds and other animals those which like to scavenge, who spend a lot of time in or near water, live in households with young children, or live in areas where there is a higher risk of picking up certain types of parasites may need treating more frequently
Retailers should also keep in mind that the natural consumer typically has a higher - household income and is more likely to spend more money than non-natural consumers.
There is ample evidence in the UK of increasing fuel poverty (i.e., household spending over 10 % of disposable income keeping warm in winter) in the regions of wind farm deployment where higher electricity bills are needed to cover the rent of the land (from usually already rich) landowners, a direct reversal of the process whereby cheap energy over the last century has lifted a significant fraction of the world's poor from their poverty.
Without these energy reforms, the report finds that oil production would be 1 mb / d lower in 2040, electricity costs would be higher, and household spending would be hit.
After all, the critics say, lower - income households spend a higher percentage of their budgets on energy than rich ones do, and the price of energy produced from carbon - intensive fuels is likely to rise.
From 2013 to 2015, personal income averaged 1.4 % higher and households also spent less on electricity, which had the combined effect of greater spending on consumable goods and services.
These programs are particularly beneficial to low - income households, which spend a higher percentage of their income on energy bills.
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