consumer spending

Language: en

📖 Definitions

  1. The total amount of money that households spend on goods and services, often used as a key indicator of economic health.; Expenditure by individuals or groups on products and services, particularly durable goods, nondurable goods, and services.

💬 Examples

  1. The higher rates may impact consumer spending and business investment, necessitating careful navigation for both households and corporations seeking to optimize their financial strategies.

  2. Retailers are closely monitoring consumer spending trends to adjust their inventory levels before the holiday season.