«70 % of GDP in the US is based
on household consumption.
More importantly, the actual effect
on household consumption is likely to be lower still.
Not exact matches
A more detailed breakdown of the loan data
on Monday showed sharp pick - ups in demand for credit from both
households and companies, auguring well for
consumption and investment.
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.
Energy
consumption: High - energy
consumption household appliances will adjust based
on dynamic price signals to lower your electric bill.
In particular, I looked at the effect of improved health insurance
on precautionary savings and
household consumption.
But the driving force behind growth has been mainly rising
household consumption, Zhou said in remarks published
on the People's Bank of China's (PBOC) website
on Monday.
If investment growth falls sharply, especially investment in the real estate sector, it should cause unemployment to surge, which of course puts downward pressure
on household income growth as well as
on consumption growth, potentially pushing China into a self - reinforcing downward spiral.
First, substantial direct or indirect wealth transfers from the state sector to Chinese
households will unleash a surge in
household consumption as
household income rises (and because the interest
on bank deposits is an important source of income for most middle and lower middle class
households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).
I'll focus my attention
on the potential size of the change in
households» cash flows as well as the effect
on the
household sector's
consumption.
Something similar happens in China, where the
household income share of GDP is a much greater constraint
on consumption that
household psychology.
But closing down unnecessary capacity can pay for itself, even if unemployed workers are temporarily put
on the government payroll (causing debt to rise, but usually by less than it had before), but only temporarily as Beijing takes other measures to boost
household income through wealth transfers from the state and so to boost
consumption, a form of demand which is likely to be more labor intensive than the demand created in the process of over-capacity.
At the same time unemployment will rise, which will partially reduce the savings rate, but worried Chinese
households with jobs will cut back
on consumption, which will increase the savings rate.
In the case of China, for example, whatever GDP growth turns out to be, and again this is just arithmetic, Chinese
household income growth will be higher and investment growth lower — after nearly thirty years of the reverse relationship — so that the impact of slower growth will be disproportionately smaller
on consumption growth and larger
on investment growth.
Spain's
household savings rate fell to its lowest level
on record in the third quarter of last year as high unemployment and wage deflation in the latest recession obliged them to devote more of their disposable income to
consumption, according to figures released Wednesday by the National Statistics Institute (INE).
The negative effects of lower oil prices hit the economy right away, and the various positives - more exports because of a stronger U.S. economy and a lower dollar, and more
consumption spending as
households spend less
on fuel - will arrive only gradually, and are of uncertain size.
However, this is changing, and the increase in the level of
household debt over the past decade is a major shift, with significant knock -
on implications for
consumption.
National accounts data show that growth in real
household consumption in the second half of 2003 was 7 per cent
on an annualised basis, the strongest pace in over 20 years.
«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».
In China, this has been the case since 2011, with total
household consumption spending growing
on average faster than overall GDP by 1.5 percentage points each year.
So, the focus of
households is quite different from companies and is set
on the renumeration for working hours and
consumption.
TOKYO (MNI)- The impact of the scheduled
consumption tax hike in Oct 2019, in terms of the net burden
on households, is expected to be about Y2.2 trillion, smaller than the previous hikes of Y8.0 trillion in fiscal 2014 and Y8.5 trillion in 1997, according to the full text of the Bank of Japan's Outlook Report, released Saturday.
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.
There are volumes of information available
on what a
household, a person, a business, or a legislator can do to reduce personal or national energy
consumption.
Crane's Smartdrop Cool Mist Humidifier is whisper quiet and operates
on a low power
consumption, more energy efficient than a
household light bulb (up to 45W).
This workshop will share the latest scientific findings and practical knowledge
on sustainable living and
consumption choices, and will address two questions: A) How are
household consumption choices impacting our health (and our children's health in particular) and our environment?
This allows you to gauge the power
consumption of this popular
household appliance before you use it
on the job.
A new study estimates that, since 2008, access to mobile - money services — which allow users to store and exchange monetary values via mobile phone — increased daily per capita
consumption levels of 194,000, or roughly 2 percent, of Kenyan
households, lifting them out of extreme poverty (living
on less than $ 1.25 per day).
The HEMS system helps consumers use data
on driving times, solar intensity forecasts and current
household energy
consumption to synchronize electric vehicle charging times with rooftop energy production, so they can maximize the proportion of
household - produced energy they use.
Thus, the
consumption of drugs acting
on the digestive tract or the cardiovascular system is 15 to 500 times lower in hospitals than in private
households.
We measure impacts
on consumption, food security, productive and
household assets, financial inclusion, time use, income and revenues, physical health, mental health, political involvement, and women's empowerment.
One year after the end of the intervention, 36 months after the productive asset transfer, 8 out of 10 indices still showed statistically significant gains, and there was very little or no decline in the impact of the program
on the key variables (
consumption,
household assets, and food security).
Results from the implementation of the same basic program, adapted to a wide variety of geographic and institutional contexts and with multiple implementing partners, show statistically significant cost - effective impacts
on consumption (fueled mostly by increases in self - employment income) and psychosocial status of the targeted
households.
On the other hand,
household consumption of vegetables has dropped 12 percent over the last two decades.
This has impacted heavily
on the women and children who now have to walk further to fetch water for
household consumption from different water points where they scramble for the meager resource with livestock.
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.
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.»
One that wasn't paywalled, The Influence of Urban Form
on GHG Emissions in the U.S.
Household Sector, showed that «doubling population - weighted density is associated with a reduction in CO2 emissions from
household travel and residential energy
consumption by 48 % and 35 %, respectively.»
They have a few other sustainability projects already going
on there, like a grey and black water recycled program designed to reduced
household water
consumption by 50 %.
Further, the actual return of solar panels depends
on a set of variables: future inflation (as the FIT is index - linked), interest rates, electricity prices, and
household electricity
consumption patterns.
The distributional impacts are illustrated using
household consumption survey data and data covering
household expenditures
on energy.
The total tax burden imposed
on households in Denmark in the form of taxes
on energy use of all kinds, water
consumption and waste production, etc., is considerable.
On water, even though actual compliance enforcement is patchy and the penalties are light, Brisbane
households have the lowest water
consumption in the developed world.
49 Rising Energy Costs for Consumers Average annual
household utility bills have increased 48 % since 1980 (adjusted for inflation)-- Add in today's average annual gasoline budget per
household and today's estimated annual home energy budget is over $ 3,800 Electricity costs continue to rise, with some utilities requesting rate increases of 35 % or more Spending
on electricity is the highest share of total consumer spending since the energy crisis of 2000 Energy
consumption has been rising along with costs — Electricity consumed by the typical American
household has more than doubled since 1980 and is expected to increase another 20 % by 2015
The distance each
household's dung beetle travels is based
on how successful they are in reducing power
consumption.
On an average site, a 2 MW wind turbine will produce electricity equivalent to the
consumption of 1,375 average EU
households.
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.
This in turn, will push the entire «shelter industry» (from builders to appraisers to real estate agents to lenders) to focus more
on homes» energy efficiency, an awareness that will inevitably reduce
household energy
consumption and make housing more affordable.
It's where too much housing construction occurred, where
household credit was over-extended, where local economies were over-reliant
on real estate and
consumption.
The Pew Internet report, in conjunction with Elon University, found that 51 percent of survey participants agreed that by 2020, the connected
household will have «become a model of efficiency, as people are able to manage
consumption of resources (electricity, water, food, even bandwidth) in ways that place less of a burden
on the environment while saving
households money.»