Sentences with phrase «fuel consumer spending»

Higher pay is needed to fuel consumer spending, which makes up nearly 70 per cent of economic activity.

The trade surplus means struggling energy and manufacturing companies may contribute to growth aided by debt - fueled consumer spending on houses and cars.

Not exact matches

Gains in the job market have fueled the recent strengthening in consumer confidence and spending, which is likely to continue into the second half of this year.

Because consumers are such a crucial driver of GDP, governments the world over have spent the last several years trying to coax consumers to open their wallets to fuel economic growth.

Capital spending has become essential fuel in the Internet superpowers» war for consumers and for companies that rent computing horsepower.

Higher consumption fuels economic growth, so there are several implications for the economy and markets if consumers spend less.

As their competitors at Honda and Toyota moved into the hybrid realm, Volkswagen spent years trying to convince consumers that their diesel engines were clean, powerful, fuel - sipping better alternatives.

«It means reversing this long time economic model, where the state will profit through the economic system at the expense of the consumers and household, and one of the things that the new leadership is intent on doing in order to create consumption is to empower consumers, so they spend more and stop empowering state organizations which are fuelling the overcapacity and the massive debt bubble».

«All things considered, the economy still appears to be on a solid footing, supported by a confident consumer sector — one with an optimism that is fueled by growing income and a strong labor market and is well positioned to spend more in the coming quarters,» said Jim Baird, chief investment officer for Plante Moran Financial Advisors.

The reason the UK has been running a trade deficit with the EU (and, for that matter, the rest of the world) has nothing to do with the EU - and everything to do with the debt - fuelled growth of consumer spending in the UK.

Taken out of context, his words «recurrent consumer spending opportunities» were like fuel on the fire.

Consumer spending helped fuel the faster pace, but import purchases subtracted from growth.

CEO Dan Akerson or Chrysler Group LLC CEO Sergio Marchionne, «it's the consumer,» Tonkin says, adding many of them are not in a financial position to spend extra money for cars with advanced technologies that improve fuel efficiencies.

Since Toyota first sold Prius in the U.S., more options have emerged for consumers looking to spend less on fuel or part ways with the gas pump entirely, from the plug - in hybrid Chevrolet Volt to the all - electric Nissan Leaf and Tesla Model S. Toyota also is introducing the new hydrogen - powered fuel - cell Mirai, which will be joined by competitors from Hyundai and Honda.

The Fed hopes wealth gains will trigger consumer spending, a critical fuel for economic growth.

The recent improvement, it said, was largely fuelled by unexpectedly robust residential investment as well as temporary factors such as the resumption of expenditures in the energy sector and the consumer - spending lift from bigger child - benefit cheques.

Recent growth in the use of prepaid credit cards may be fueled by consumers looking to change bad spending habits....

Rising home prices led to rampant real estate speculation, and also fueled excessive consumer spending as people began to view their homes as a piggy bank that they could extract cash from to fuel discretionary purchases.

Easy availability of credit in the US, fueled by large inflows of foreign funds after the Russian debt crisis and Asian financial crisis of the 1997 — 1998 period, led to a housing construction boom and facilitated debt - financed consumer spending.

Because consumers relied so heavily on debt to fuel their spending in recent years, their restricted access to credit is one reason for the slow economic recovery.

Theoretically, lowering interest rates fuels demand for credit and encourages consumers and businesses to spend and invest.

The GM Business Card is a cash back credit card that rewards consumers with 3 percent cash back on fuel purchases at the pump, at restaurants, and at office supply stores, places most business owners will find themselves spending money on a regular basis.

Consumers are now spending between 5 percent and 10 percent of their income at the gas pump, according to AAA's Fuel Gauge Report.

Reduce gas pump pain with retailer reward cards — With consumers spending an ever - larger chunk of income on fuel, it helps to know that some grocers can lessen the pain with gas - incentive card programs... (See Retailers» gas card rewards)

That increased spending on rewards is fueled to a large extent by higher spending on credit cards by consumers.

When energy consumers, like Japan's gov» t, decide that it's better to spend a bit more money on limitless and safe ethanol, solar, wind, water, or geothermal power than on limited and dangerous fossil fuels, then the energy industry will change because it must.

«GDP goes up because the fee and dividend provides a boost to consumer spending, reducing demand for fossil fuels does not have a significant impact on American employment and reduces energy imports from abroad, and the border adjustment means American firms are on a level playing field when it comes to competing on the world market.»

But the price of fossil fuels and fossil - intensive goods continues to rise, and consumers quite predictably spend less money on goods and services when their prices rise.

Where hundreds of billions have been spent on so called renewable energy that is not renewable, does not in any way replace fossil fueled generators but just displaces them, is completely unreliable, is totally unpredictable, is vastly more expensive for consumers,.

It makes no sense to spend money on green infrastructure — or a bailout of Detroit aimed at stimulating production of more fuel - efficient cars — if it is not combined with a tax on carbon that would actually change consumer buying behavior.

Higher consumer spending is fuelling Benson Buffett's real estate practice.

Fuel efficiency of electric cars is saving consumers thousands of dollars they would normally spend on gasoline, which allows them to have more cash for necessary things such as car insurance for their electronic vehicle.

The report «found that growth will be fuelled by the entrance of high profile brands such as Apple into the smartwatch arena, allied to increased consumer affinity with and acceptance of wearable technology» and argues that «the emergence of an additional consumer screen would stimulate interest amongst advertisers, although until a critical user base is reached most ad - spend is likely to take the form of ad hoc campaigns.»

Healthy consumer spending numbers also fuel its success.

Although Yun said economic growth in the first quarter was «a huge disappointment» at 0.7 percent (first estimate), he anticipates that an increase in consumer spending and more homebuilding should provide enough fuel for gross domestic product to finish slightly higher, at 2.2 percent, than a year ago (1.6 percent).

And once deflation sets in, consumers may hoard cash or try to pay off their debts faster, fueling the downward spiral of spending and growth.

A similar study published in 2003 said that each MLS transaction in the period 2000 - 2002 fueled an average of $ 19,760 in consumer spending, CREA says.

Retail has been the strongest performing property type in the past decade — fueled by strong consumer spending.

In addition, the massive tax cut and increases in government spending will also lead to more consumer spending and the need to hire more workers, further fueling price pressure.