Sentences with phrase «reliant on consumer spending»

For an economy like the U.S., which is overwhelmingly reliant on consumer spending, any sharp increase in oil prices wreaks havoc.

Not exact matches

These are workers without the spending power to buy things, living in a consumer economy, increasingly reliant on tax credits and private borrowing.

And with internet spend being the only part of the advertising sector that has grown over the last year, it is becoming clear that businesses are less reliant on television to reach consumers.

If anything, the US tech sector has become dangerously reliant upon, and correlated to consumer spending through its dependence on advertising as a revenue source and will suffer alongside the consumer.