Sentences with phrase «than household disposable»
Partly because of these significant gains, consumption has risen faster than household disposable income over this period, and there has been a corresponding fall in the saving ratio.
https://www.rba.gov.au/ Not exact matches
As of mid-2015, the measure (see blue line in chart) shows that less than a third of disposable income is required by a representative Canadian household for mortgage payments and utility fees — below the long term average (brown line).
Together, Lane and Comley looked at the Broadway theater demographics, which has remained the same for many years — over 40 years old, Caucasian, largely female, higher average education and much higher disposable income than an average American family (the latest figure places the average annual household income of the Broadway theatergoer at $ 194,940).
According to the last calculation from Statistics Canada, the average household owes 165 per cent more than it earns in annual disposable income, meaning an average family with $ 100,000 annual disposable income owes $ 165,000.
Over the past 20 years, Canadian households have more than doubled their ratio of debt to disposable income (a key measure of leverage relative to their ability to pay).
As a share of total household sector disposable income, the cash flow effect in this scenario is estimated be less than 0.2 per cent on average per annum over each of the next three years (Graph 7).
All the evidence suggests that boosting household disposable incomes has way more effect on demand than QE.
First among these drivers is the growing number of upper middle class and affluent households, or those with more than $ 24,000 and $ 46,000 in annual disposable income, respectively.
Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.
If we assume that disposable household income is currently half of GDP, eight years of real GDP growth of 6.9 % and real disposable household income growth of 7.7 % will only raise the household income share of GDP to 53.1 % in 2023, a little more than 3 percentage points higher and still below its 21st Century average and leaving China as dependent as ever on investment and the current account surplus.
In the euro area, the household saving rate increased due to a larger fall in real final consumption expenditure -LRB--0.7 %) than in real gross disposable income -LRB--0.4 %).
By 30 September 2012, Canadian household debt to personal disposable income reached a record 165 %, up from 137 % as of 30 June 2007, as debt grew faster than personal incomes.
Annual growth is well down from the peaks seen in 1997/98, but it is still much stronger than growth in household disposable income or bank fixed deposits.
The latest figures shows the household debt to disposable income ratio at 167 per cent — higher than in the U.S. before the crash.
With consumption growing more quickly than disposable income, there has been a significant fall in the household saving ratio.
Taking these facts into account, and allowing for the fact that households with debt have, on average, incomes about 30 per cent higher than the average for all households, interest and principal repayments probably account for something like 20 per cent of disposable income among those households who have debt.
Reusing the same cloth diapers (rather than trashing disposables) allows your family to save money and reduce your household trash.
He added: «On average, children, young people and households with children each have less disposable income than working age households without children.
The letter comes just a day after official figures showed that the UK economy is growing faster than expected and that household disposable income in back to pre-2010 levels.
The ratio as of March 15 shows that households owed $ 1.67 for each $ 1 they generated in disposable income, suggesting Canadians are living far beyond their means because they're borrowing way more than they make.
TORONTO — Canadian household debt hit a record high during the third quarter, as it grew at a faster pace than disposable income, according to the latest figures from Statistics Canada.
According to some sources, household debt averaged a record 133.7 % of disposable income in the fourth quarter of 2007 - that means that people spent 33.7 % more than they made.
In the most recently reported data from Statistics Canada, households now carry about 153 per cent more in debt than their annual disposable income, with -LSB-...]
Indeed, the abundance of domestic natural gas is helping lower consumer energy costs for U.S. consumers — including those in the Northeast, which historically has paid more for electricity than other parts of the country — and increasing average annual household disposable income by $ 1,200.