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consumer spending
[kənˈsuːmər ˈspɛndɪŋ]
noun
gastos de consumo
1.
The total amount of money spent by households on goods and services for personal consumption
Consumer spending increased by 3% in the last quarter, indicating a strong economy.
Os gastos de consumo aumentaram 3% no último trimestre, indicando uma economia forte.
2.
A key economic indicator that reflects consumer confidence and purchasing behavior
Economists closely monitor consumer spending as it represents about 70% of GDP.
Os economistas monitoram atentamente os gastos de consumo, pois representam cerca de 70% do PIB.
Synonyms
consumer expenditure
household spending
personal consumption expenditure
retail spending
Antonyms
saving
consumer savings
Regional Variations
General Brazilian
gastos de consumo
Standard usage in economic contexts
Brazil
despesas do consumidor
Alternative formal expression
Portugal
gastos de consumo
Same as Brazilian Portuguese in economic terminology
Portugal
despesas de consumo
Alternative formal expression
Related Idioms & Phrases
boost the economy
stimulate growth
loose money in circulation
wallet spending
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