Sentences with phrase «maintain household consumption»

During the 1960s, the expansion in publicly provided services created employment opportunities for women and as men's wage increases started to stall, married women took on part - time jobs in order to maintain household consumption standards.

Not exact matches

Against this backdrop, we maintain our scenario of a strengthening cyclical recovery, with euro area GDP growing at around 1.8 % this year and next, above potential, on the back of rising domestic demand (household consumption and investment) fuelled by bank credit.

For example, it's accurate to say that corporate profits are at a record share of GDP because wages are at a record low share of GDP, but that households are still able to maintain their consumption because government transfer payments have surged to a record share of GDP.

More importantly, says a Harvard study, «The current rate spread is an important influence on mortgage choice, as would be implied by a model in which borrowing - constrained households seek low rates in order to maintain the level of current consumption, or to increase the size of the house they can buy when constrained by bank limitations on mortgage interest - to - income ratios.»

While African countries are beginning to explore the possibilities of farming biofuel crops for local household and domestic grid energy use, the consequences of growing biofuel for export to the wealthy countries so that they may maintain their energy intensive lifestyles, instead of growing food for consumption by Africans could be severe.