consumer spending

  

Definition

Good and services bought by households in the satisfaction of their needs and wants. It includes non-durables such as food, semi-durables such as clothing, and durables such as refrigerators.

Use consumer spending in a sentence

  • I realized that the consumer spending had increased a lot and our revenue was increasing slowly, but surely for us.

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  • In the United States, consumer spending has rose considerably after an increase in the economy; families are able to fulfill such needs with less financial pressure.

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  • You need to factor in what the consumer spending numbers are when you are trying to figure out how much to charge.

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