These changes, Bloomberg argues, have further divided an already unequal society and decreased the number
of middle class consumers.
Not exact matches
The first is that emerging economies are expanding rapidly, creating unprecedented growth in a global
middle class who are both producers and eager
consumers of manufactured goods.
In other words, more than 300 million
middle -
class consumers with rising disposable incomes are propelling the consumption
of China.
The company created a huge marketplace and a sophisticated distribution network just in time to serve a generation
of Chinese
consumers attaining
middle -
class prosperity.
«These are high - growth markets, Saudi is one
of our investment destinations,» he said Wednesday, mentioning a young population, a large and growing
consumer base and a growing
middle class.
Despite early signs that a fast - food diet is no healthier in Beijing than it is in Boston,
consumers who are new to
middle -
class dining seem less concerned about the health risks
of the high - fat, high - sodium fare that many Americans now seek to avoid.
Tsai said rising disposable incomes
of China «s «over 300 million
middle -
class consumers» was helping drive the firm's online sales — and would continue.
Though many are drawn to appealing fantasies
of endless oil (abiotic or otherwise), breeder nuclear reactors burning plutonium, etc., the awkward reality is that the world does not contain enough oil, gas, lithium, uranium, etc. etc. for another 1.5 billion
middle -
class consumers, never mind an additional 3 billion.
The next generation
of consumers are likely to find themselves unable to purchase in the volumes necessary to preserve a
middle class lifestyle.
«Chinese companies are still trying to answer the question
of «How are we going to satisfy the demands
of the growing Chinese
middle class when they want more
consumer names and products that are coming from the West?»»
The president offered insight on how extending the tax cuts for the
middle class could help keep our businesses growing without hindering the purchasing power
of American
consumers.
Meeting the needs
of emerging
middle -
class consumers in the developing world will spawn some very large businesses.
«There's a vast emerging
consumer group below the existing
middle class that is going to constitute a high proportion
of the world's purchasing power, but as yet is massively untapped,» Kuper says.
Rajesh Jain is the sort
of entrepreneur who didn't invent a new market by devising an innovative product; rather, he had the resolve and the international contacts to jump onto a roaring global food revolution that's being driven by newly
middle class consumers in China, India and elsewhere in Asia.
Today President Obama took a big step forward in his goal to strengthen the economy and strengthen the
middle class with the nomination
of Richard Cordray as Director
of the
Consumer Financial Protection Bureau.
Wei said that during the past year the company has strived to meet «demand for high - end and healthy products
of the
middle class,» with its premium soup series containing less additives to cater to health - conscious
consumers.
The ensuing boom endowed the
middle class in the United States and other countries, but was debt financed, first for home ownership and commercial real estate, then by
consumer credit to purchase
of automobiles and appliances, and finally by credit - card debt just to meet living expenses.
Of the 2.4 billion people around the world who will become
middle class consumers by 2030, two billion will come from Asia.
The acceleration
of spending among this richer
middle class, while that
of the other
middle -
class constituents decelerates, has created what BCG calls a «two - speed
consumer economy» in China.
(21) Six
of the ten
of the least affordable cities in the U.S. are in California, with San Francisco the least affordable city with only 14 per cent
of homes available in 2014 affordable to
middle -
class consumers.
This group
of super spenders is expected to see its population double over the next five years to 100 million households, and as an economic force they are poised to eclipse the impact
of rising but less - wealthy
consumers: Their consumption is currently growing at 17 percent a year, compared to just 5 percent among emerging -
middle -
class and
middle -
class consumers.
The rapid growth
of the
middle class in developing markets globally, and particularly in Asia, has catalyzed rapid changes in
consumer demand.
Speaking at Tmall's Super Kitchen event, an offline expo
of home goods held by Alibaba Group's business - to -
consumer site, Stewart said she saw an opportunity to expand her brand into the world's second largest economy as rising incomes in the
middle class there were increasingly being spent on lifestyle and experiential purchases rather than staple goods.
«The post-recession reality is that the customer base for businesses that appeal to the
middle class is shrinking as the top tier pulls even further away... big stores and restaurants are chasing richer customers with a wider offering
of high - end goods and services, or focusing on rock - bottom prices to attract the expanding ranks
of penny - pinching
consumers.»
Emerging markets are driving this growth: China, in particular, is the world's largest
consumer of meat, with protein consumption expected to grow 3 — 4 % a year thanks to a rising
middle class.
Doing business in Asia is a great opportunity for British Columbia (B.C.) companies: Asian economies are growing rapidly, creating millions
of new
middle -
class consumers every year.
Another thing that's growing fast in China is the
middle class, which the publication notes is one
of the driving forces behind the
consumer revolution drawing U.S. retailers like this one to the market.
-- bullish on housing — We see US
consumer confidence at an eight - year high based on the University of Michigan, Consumer Sentiment Index supporting the strength of the middle class and US economy going in
consumer confidence at an eight - year high based on the University
of Michigan,
Consumer Sentiment Index supporting the strength of the middle class and US economy going in
Consumer Sentiment Index supporting the strength
of the
middle class and US economy going into 2016.
China should be attractive to small U.S. companies, due to the market's size, rising consumption in the country and an increasing fondness for American products among China's young and growing
middle class of over 300 million
consumers.
In the long run the Chinese economy will continue to grow and millions
of Chinese citizens will urbanize and become
middle -
class consumers.
However, in «The Chinese
Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predi
Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predic
Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough
middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predi
middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predic
class of free spenders to sustain economic growth if exports fell with U.S.
consumer spending, as we were predicting.
The hypothesis
of «
consumer terror» corresponds to the prejudices
of a
middle class, which considers itself politically enlightened, against the allegedly integrated proletariat, which has become petty - bourgeois and corrupt.
For, «political systems incapable
of counter-balancing unusually swollen
middle class, myriads
of white collar jobs, non-local means
of subsistence, irresistible passion for
consumer goods and a social life making sense only in the idiom
of science and technology hardly grant an easy walk - over for anti-development movements.
There are 300 million upper - and -
middle -
class consumers of processed and packaged food in the country, and another 200 million are expected to shift by 2010.
The aspirations
of the
middle and high income
class in Russia have been increasing in light
of an increase in their disposable incomes; these
consumers have been increasingly looking for better quality products and are willing to spend on premium products or products meeting their aspiration desires.
It is critical for Australian exporters to understand both the opportunities and challenges as competition is fierce with more than 25 + power countries from around the globe wanting a slice
of the Chinese «
middle class»
consumer.
Consumer focus on wellness, environmental impact and macroeconomic factors such as the growth
of the
middle class creating more disposable income are shaping the global packaging market, said Charles D. Yuska, president and CEO, PMMI.
Southeast Asia: center
of wine and spirits consumption An emerging, affluent
middle class is driving the demand for sophisticated
consumer goods such as wine and spirits.
Participants were identified from a nationally representative
consumer panel
of more than 500,000 households in the United States.16 Compared with a nationally representative sample, participants in the Infant Feeding and Practices Study II were more likely to be white,
middle class, and employed women.
When the reich wing blowhard teacher - haters are all laid off from their jobs due to the contraction
of the economy, the loss off the
middle class consumer base and record small business failures, when their kids have to move in with them through their 20s and 30s because their only career paths go through low - wage positions at MacDonald's and Wal - Mart, and when all the good teachers find jobs in Europe, Asia and places like Dubai, maybe they'll be satisfied.
Jumia is part
of broader ecosystem
of services providing opportunities for local African businesses to do business with the fast - growing African
consumers and
middle class.
«The local tax extender will affect hundreds
of thousands
of middle and working
class consumers who will pay the local sales tax over and over, which will only raise approximately 161.8 million,» said Sen. Avella.
When we take on that challenge, we'll have plenty
of room for the new
consumers that are coming up in emerging markets to step into the
middle class and become a part
of it.
For example, financial innovations are responsible for home mortgages and auto loans, which empower lower and
middle class consumers; credit to entrepreneurs who have built successful enterprises; and credit to emerging markets, which has helped raise millions
of people out
of dire poverty.
At the same time, while they are working under very harsh conditions for very low wages, the
consumer middle class shopping carefree at the mall further provokes the rage
of Hasköy youth.
The mode in which the desire to be like the
middle class is manifested most frequently is imitating the
consumer habits
of the
middle class, in particular the their dressing codes.
In a world shaped according to
consumer middle class norms, Hasköy youth, who are very much aware
of the fact that unless they exhibit this consumerism in their bodies and life practices, they won't earn respect and will be subject to ostracizing, othering words / gazes, seek salvation in trying to be like the
middle class.
The storyline is based on the
consumer insight that a typical
middle class Indian pursuits for a bit
of extra in every deal.
Today, though, GM is moving Saturn upscale, responding to the needs
of today's
middle -
class consumers who expect style and performance in their cars.
The whole region has an increasingly urban population, a growing
middle -
class, and rising disposable incomes — all
of which fuels fast - growing
consumer markets.