Telecom spending is leveling off, more so than most other types of consumer expenditures.
"The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures, " the Fed said Wednesday.
These markets have seen increases in disposable income and consumer expenditures.
Consumer confidence wanes, impacting personal consumption expenditures.
Final consumption expenditures of households include outlays for purchasing consumer goods and services from all trading enterprises and city markets, non-organised trade (street vendors), from public service, passenger transport, communications establishments, hotels, commercial Institutions of culture, health care and education.
Mr. WESSELL: What the Fed likes to do is look at both the consumer price index and another measure called the personal consumption expenditures index.
With lower oil quotes, our inflation rate is containable, consumer sentiment stays strong, savings rates run low and personal consumption expenditures grow between 2 and 3 percent as does GDP.
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But with a background of strong profit margins, renewed consumer confidence and CEOs who are finally beginning to make the capital expenditures that they had previously delayed, corporate profits (and subsequently stock prices) are poised to methodically work their way higher over time.
Meanwhile, the consumer is caught in the middle while these two competing forces try to minimize their expenditures.
General governmental final consumption expenditures on individual goods and services consist of outlays of government institutions on consumer goods and services intended for personal consumption.
Final consumption expenditures of non-profit institutions serving households are outlays of public associations on consumer goods and services provided free to households.
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