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.
Unless this tax favoritism is reversed, more and more revenue will be diverted away from
spending on consumption and investment to pay debt service and «financialize» the economy even more.
Not exact matches
Brian Wieser, a Pivotal Research analyst who reviewed Nielsen digital
consumption data, said Google properties, including YouTube and Waze, combined to account for 27.4 percent of all time
spent on digital media — up 3 percentage points from the previous year.
If the wealthy become wealthier, do they
spend more
on consumption?
Every company is looking to trim paper
consumption and waste, and being green is only part of the reason: As much as 3 percent of corporate revenues are
spent on printing costs, according to research by Gartner Inc., largely because of the high price of toner and ink.
And this comes alongside larger changes in Facebook's business model, in which Mark Zuckerberg says he is steering the business away from optimizing to «time
spent» by users and toward a new focus
on connections over
consumption.
In Germany, new data showed the economy expanded 0.6 percent in the second quarter of the year
on strong private
consumption and state
spending.
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 reason: When people retire, they stop saving and begin
spending by drawing down
on their nest eggs; when
consumption exceeds investment, prices rise.
On the
consumption side, personal
spending growth in February was revised lower to 0.3 percent, instead of the previously reported 0.4 percent.
On the negative side, people do seem to
spend more when their houses are worth more, so low housing prices keep
consumption down and that probably hurts the macro-economy.
To pinpoint the average retirement income you would need to live comfortably throughout the U.S., GOBankingRates looked at five factors in all 50 states and the District of Columbia: Per capita
spending on groceries, healthcare, gas and fuel, housing and utilities and personal
consumption expenditures not included in the four other categories.
That said, the oldest Boomers are past their «peak
consumption years», meaning less
spending on key categories like transportation, housing and apparel, with the windfall more than picked up by their children, netting out to about an average 0.77 % demographic driven annual growth rate across sectors through 2060.12
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.
It may not get
spent on immediate
consumption, but it often gets reinvested.
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.
Time
spent per subscriber was up 8 %, and viewers have doubled their
consumption of
on - demand content since Hulu released its Live TV product last year.
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.
Around 1980, U.S. personal
consumption expenditures (PCE) were divided roughly evenly between income
spent on physical goods and that
spent on services.
«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».
The U.S. Medicare program is a system of socialized medicine that imposes no constraints
on medical
spending or
consumption.
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.
If they cut
spending, will it be
on consumption items, such as health care for the elderly, or
on growth - promoting investments, such as education for the young?
A
consumption tax is
on the flow of
spending and by taxing
consumption you raise its price relative to saving thereby fostering more saving resulting in greater investment in productive capital and higher long - term economic growth.
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.
Estimates are based
on the analysis of various elements related to the ad
spending market, including macro-level economic conditions; historical trends of the advertising market; historical trends of each medium in relation to other media; reported revenues from major ad publishers; estimates from other research firms; data from benchmark sources; consumer media
consumption trends; consumer device usage trends; and eMarketer interviews with executives at ad agencies, brands, media publishers and other industry leaders.
In actuality, they
spent the funds
on conspicuous
consumption instead: long robes and banquets.
When you
spend an entire day planning, consuming, and recovering from the
consumption of your addiction
on a daily basis, then you have a problem.
If pollution kills trees, that does not subtract from personal
consumption, but if we
spend money
on gasoline additives or add equipment to reduce this killing, that improves the personal
consumption measure.
Steenblik maintains restaurateurs in Utah are careful in how they
spend their money because they lack the profit from liquor sales due to the tight control
on its distribution and
consumption.
Consumer
Spending on Beverage Alcohol, Consumer Off - and On - Premise Expenditures (by category), Price Indices and Average Price for Off - and On - Premise Consumption (by categor
on Beverage Alcohol, Consumer Off - and
On - Premise Expenditures (by category), Price Indices and Average Price for Off - and On - Premise Consumption (by categor
On - Premise Expenditures (by category), Price Indices and Average Price for Off - and
On - Premise Consumption (by categor
On - Premise
Consumption (by category)
Global brewer Heineken has produced a strong first half performance but remains cautious
on the development of beer
consumption in Europe and the US due to continued weak consumer
spending and planned austerity measures across many countries.
It is also relevant to consider what the proportion of
consumption is between processed and packaged foods compared with fresh foods, with one concern being that supermarkets encourage consumers to
spend more of their total food budget
on processed foods.
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.
The goal of Buy Nothing Day, celebrated this year in the US
on Nov. 28 and internationally
on Nov. 29, is to raise awareness about unnecessary
spending and
consumption, not just for one day, but for every day.
Our parents might have limited our
consumption of sodas, flavored lip gloss, MTV, or time
spent talking
on the home phone.
This board would then
spend 20 billion dollars over the next decade marketing the health benefits of real food with tv and magazine adds, and a massive PR campaign to report
on studies that link real food
consumption to wellness, vitality and disease treatment.
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
consumption tax may seem fairer
on the surface, but it ignores the fact that those at the very top of the earnings pile
spend comparatively less of their earnings
on consumption.
Tax
on property, for example, could be likened to
consumption tax (tax
on money
spent), and tax
on unspent cash or growth assets would be more like an income tax.
Indeed, in the short run (which is the period of concern during a downturn), the adverse impact of a tax increase
on the economy may, if anything, be smaller than the adverse impact of a
spending reduction, because some of the tax increase would result in reduced saving rather than reduced
consumption.»
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.
«By developing a more nuanced understanding of the links between
spending and happiness, we hope to be able to provide more personalized advice
on how to find happiness through the little
consumption choices we make every day.»
«If you look at this in a broad sense, about 5 percent of our total global energy
consumption is
spent on electronics,» said co-senior author Ramamoorthy Ramesh, Berkeley Lab's Associate Laboratory Director for Energy Technologies and a UC Berkeley professor of materials science and engineering and of physics.
Specifically, we will
spend your generous donations
on cell culture reagents, oxygen
consumption measurements, virus production, quantitative reverse transcription PCR, DNA synthesis services, and publication of our results in a peer - reviewed journal.
Life has
spent about 3.8 billion years
on Earth, and its ecosystems are organized through strategies based
on constant trial and error, hence we can learn many lessons for the building of a new human evolutionary phase capable of ending poverty, hunger, inequality between countries, gender inequality, irresponsible
consumption, unsustainable industrialization, pollution of the seas and oceans, and so
on.
According to a recent study by Common Sense Media, the average teen
spends over an hour a day using social media, and only 3 percent of the time tweens and teens
spend online is focused
on creation vs.
consumption.
Plus, with claims of 21mpg in the city and 29mpg
on the highway, the Audi A7 is quite economical by class standards (not that many people who are
spending at least $ 68,000
on a car will mind about the fuel
consumption levels).
While people
spending more than $ 100,000
on a five - passenger SUV may not give a hoot about fuel
consumption, regulators do.
Along with
spending more time with news
on these devices, users are also going more in - depth in their
consumption.