Sentences with phrase «on consumption goods»

So while most mortgage money was used to bid up the price of home ownership, about a quarter of new lending was reported to be spent on consumption goods.

Not exact matches

That period of reflection appears to have emboldened Poloz's conviction in the story he's been telling from the start: that international sales of manufactured goods and services would lead a rotation away from the economy's reliance on high commodity prices and consumption by heavily indebted households.
That's U.S. personal consumption graphed against spending on capital goods; one represents some 70 % of GDP and the other represents about 4.5 % of GDP.
The more credit creation takes the form of inflating asset prices — rather than financing purchases of goods and services or direct investment employing labor — the more deflationary its effects are on the «real» economy of production and consumption.
Why can't they increase their consumption and investment levels rather than relying on the U.S. economy to buy their consumer goods and capital goods for surplus dollars that have no better use than to accumulate in the world's central banking system as excess reserves?
If China was investing in better health care, more retirement facilities for their aging population, and cleaning up their air (putting scrubbers on all their power plans) and water (forcing firms to stopping dumping industrial waste in their rivers), and generally providing more consumption goods and services to their own workers, THAT would be a step forward.
It means that instead of spending income on buying goods and services in the «real» production - and - consumption economy, they are paying the bill for past asset price inflation.
Homeownership tends to encourage spending on durable goods and hence its depressed levels could explain why real U.S. consumption growth over 2011 - 2017 has been much weaker (by about half a percentage point annualized every quarter) than the pre-recession average.
The tax changes also influenced consumption decisions with the purchase of some goods whose prices were expected to increase on 1 July being brought forward before that date, and other purchases where prices were expected to fall — most notably motor vehicles — being delayed.
Business capital expenditure investment and durable goods consumption are very strong, which have, for years, been drags on the economic recovery.
Around 1980, U.S. personal consumption expenditures (PCE) were divided roughly evenly between income spent on physical goods and that spent on services.
A value - added tax on consumption of goods and services could make up the shortfall from cutting corporate tax rates in the United States, but don't expect it to be enacted anytime soon.
The modest growth in consumption in the December quarter reflected a 1/2 per cent fall in expenditure on goods, which was smaller than the decline reported in the retail trade survey.
Imports of consumption goods in the quarter received a boost from the reduction in some tariffs on 1 January; tariffs on imports of passenger motor vehicles and parts fell from 15 per cent to 10 per cent, while the average tariff on textiles, clothing & footwear fell from 21 percent to 14 1/2 per cent.
A: If you look at consumer spending patterns, you'll see lower income people tend to spend a higher proportion of their income on consumer goods, so a consumption tax cut benefits them disproportionately compared to upper income people.
Another problem he underlines is that emphasis is often only placed on the own - price elasticity of demand for SSBs although substitution towards other non-taxed goods that are high in calories can also take place, reducing or even eliminating any direct reduction in the consumption of SSBs.
Obviously there's volatility with income taxes during a recession, but I would think the tendency of people to slow spending on unnecessary goods during a recession would be particularly damaging to a consumption tax.
Another by University of Chicago economists suggests «trickle - down consumption:» when the rich spend on high - end goods, that influences the non-rich around them to also spend to keep up.
The most resource - poor countries in the world are probably Hong Kong and Singapore, where millions of people are crowded together on a little island, and they have to import almost all their consumption goods.
«hard times as the bondholders buy fewer goods and services» doesn't apply in two cases - first, for non-local bondholders; second, for ultra-rich bondholders whose consumption isn't directly dependent on their short - term income.
The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.
Finally, similar results may be achieved through a simpler means - consumption taxes, inheritance taxes and excise taxes on luxury goods.
Focusing on the year 2007, the researchers found that of the 3.45 million premature deaths caused by fine - particulate - matter air pollution, about 12 percent were related to pollutants emitted in a different region of the world, and 22 percent were associated with goods produced in one region for consumption in another.
Peter Ryan's letter makes a good argument for taxing carbon emissions on the consumption rather than production of goods (22/29...
On the other hand, trade - related deaths resulted in the opposite imbalance: The consumption of Chinese - made goods in Western Europe and the United States likely caused more than 108,600 premature deaths in China.
While most of this deforestation occurred in South America, Southeast Asia and sub-Saharan Africa and the majority of agricultural products causing deforestation were consumed in the countries of origin, goods consumed in the EU contributed to approximately 90,000 square kilometers of lost forestland — about 7 % of the global deforestation resulting from agricultural expansion during this period, and up to 10 % if all finally processed products and all consumption sectors — such as textiles, pharmaceuticals, and service sectors — are added on.
This is regardless of other kitchen practices that may be right on target such as sourcing local and organic produce, consumption of antibiotic / steroid free grassfed meat and use of freshly ground flour to prepare traditionally made baked goods.
Scarce goods and services are allocated in a market economy through the influence of prices on production and consumption decisions.
Goods & Services Tax (GST): It is a value - added tax that is imposed by the government on the customers at the time of purchasing goods & services for domestic consumption.
Since that time, senior executives in the financial services industry and other financial monitors have also expressed worry about the impact of student debt on household formation, consumption of consumer durable goods, and credit creation.
Noting the demographics, and slower developed market growth, an increasing emphasis on domestic consumption can be expected in emerging markets — luxury goods will be an obvious (& probably unintended) beneficiary.
But I would say smaller population would consume less per capita, because consumption is dependent on the ability of large scale industries to generate goods and services.
In the long run, much of the economic growth of developed economies is likely to involve less energy - intensive sectors because of demand - side factors such as 1) the amount of stuff people can physically manage is limited (even with rented storage space), 2) migration to areas where the weather is more moderate will continue, 3) increased urbanization and population density reduces energy consumption per capita, 4) there is a lot of running room to decrease the energy consumption of our electronic devices (e.g., switching to clockless microprocessors, not that I'm predicting that specific innovation), 5) telecommunication will substitute for transportation on the margin, 6) cheaper and better data acquisition and processing will enable less wasteful routing and warehousing of material goods, and 7) aging populations will eventually reduce the total amount (local plus distant) of travel per person per year.
CI - SCP serves as a global platform to support the provision of quality information on goods and services, and it promotes the identification and implementation of the most effective strategies to engage consumers in sustainable consumption.
Consumietici is run by Acea Onlus, Association of Ethical and Alternative Fuel consumption, Public Goods and Lifestyles, a voluntary association that focuses on the protection of individual rights, the promotion of ethical consumption and sustainable lifestyles, and solidarity, and the protection of common goods for public welfare.
Minimalism is inherently a form of environmental activism... you choose to buy less overall with a focus on purchasing quality, long - lasting goods... when you refine your consumption habits to support your pure needs and selected wants, you are, in a small but significant way, decreasing your demand for the manufacture of new items.
Our results imply that the incentives to switch to the cleaner technology depend on the relative importance of fossil fuels in the production of consumption goods after the switch.
Examples for the category «responsible production and consumption» can include videos on initiatives to reduce unnecessary consumption, decrease emissions during the lifecycle of goods, promote sustainable fashion, or encourage the sharing economy and reuse of goods and materials.
It is the price that the poor and vulnerable must pay for the luxury of the upper classes — for daily meat consumption, seasonless food, cheap energy, an overdose of material goods, for car culture, for large houses, for buying everything on a whim.
Meanwhile, energy consumption has been on the decline (though it rose for the first time in three months in February), along with the demand for Chinese goods.
Under a consumption - based accounting of emissions, embedded emissions on imported goods are attributed to the importing country, rather than the exporting, country.
Imposts and duties are taxes on imports into the United States, while excises are «taxes on the manufacture, sale, or consumption of goods, or upon licenses to pursue certain occupations, or upon corporate privileges -LSB-.]»
Prices for most goods are based on some measure of consumption, such as water and electric meters, and scales used to weigh food.
The GST is imposed on the value - added services and goods at every stage of consumption in the supply chain.
RYDER, Dunbar, WV (August 2014 — Present) Truck Driver • Coordinate with highway authorities and route coordinator to get route clearance and update on weather conditions • Drive the truck on assigned route daily, deliver goods to the clients, issue bills and collect payment in cash and check • Schedule and conduct preventive maintenance periodically • Immediately report any fault found with the vehicle to the management • Keep track of vehicle mileage and fuel consumption through regular logging • Maintain the truck in neat and clean condition
«Given the natural tendency to stop spending in uncertain and turbulent times — it happened during the Gulf War and helped to bring on a recession — it's highly probable that consumers will pull back consumption again, particularly of durable, big - ticket goods like new home purchases,» said Robert Van Order, Freddie Mac's chief economist.
«The last time that consumption of goods fell negative on a year - over-year basis was in 1961,» Mulvee says.
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