The rise in personal spending led to a 0.5% gain in real consumption, its strongest level since December 2009.
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Rosen said in the fourth quarter, real income levels rose 2.1%, which nearly equaled real consumption growth at the time.
Based on a rebound in auto sales and stronger service spending, real consumption hit its highest level since December 2009.
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Real personal consumption expenditures increased 2.0 percent in the third quarter, compared with an increase of 1.5 percent in the second.
Real personal consumption, reported by the Commerce Department, grew at an annualized rate of 3.2% in the first quarter of 2002.
We expect 1.7% growth in real personal consumption expenditures in the four quarters ending September 2008 even under our soft-landing scenario, below the 2% four-quarter low in the 2001 recession (see graph and further discussion in the attachment.) In recent years, we predicted and explained the resilience in U.S. consumption growth in terms of job prospects and the high actual household savings rate.
The ultimate in energy efficiency will come when power producers can turn on and off small substations at a moments notice based on real-time data on energy consumption at a household level, and consumers can make power purchasing decision based on real-time metering of their consumption.
The broadest and most accurate measure of living standards is real per capita consumption.
From 1973 to 2004, about 30 years, such real per capita consumption in America nearly doubled.
Many suppliers are connected to HP via the Internet and get real-time consumption data and automatic replenishment orders.
Over 75 years, 1929 to 2004, real per capita consumption by American workers increased by 5 times, and even faster since 1961 than before.
Real federal government consumption expenditures and gross investment increased 9.6 percent in the third quarter, in contrast to a decrease of 0.2 percent in the second.
The Fed is evading commonsense and sound economics by relying on fancy stochastic dynamic general equilibrium models, in which erratic money plays no role, and ignoring the fact that the real source of consumption is production, not money.
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That is a massive amount of excess overhead in hardware, real estate, power consumption and productivity.
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They add that they support tobacco regulations in the countries they do business in as they recognise that tobacco consumption poses real risks to health.
Real state and local government consumption expenditures and gross investment decreased 0.1 percent, compared with a decrease of 1.0 percent.
If you become a firm that optimizes its energy consumption across its real estate portfolio, you inherently reduce your carbon footprint.
In truth, the flight to the real signaled a rush to consumption (housing is consumption) at the expense of the productive economy.
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This too sounds appealing to some, but lost in this obtuse form of thinking is that all consumption in a real economy results from production first.
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The consumption data would be real-time from meters or monthly from utility bills or manual data entry.
Higher taxes on capital gains and dividends, abstracting from issues of equity and fairness, reduce real economic growth, cause weaker consumption and decreases in business capital spending, reduce employment, and labor force growth, and help bring about less potential output.
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"It shows the real potential of minimum pricing to reduce the consumption of those who are at the greatest risk of harm from their drinking, " she added.
Others blame weak demand, as high inflation, falling real wages and fears for the future discourage household consumption.
Was the risk real or the product of something other than diet drink consumption?
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Real wages have been rising strongly, which should help boost consumption.
But in the real world, rising prices cause companies and consumers to change their consumption patterns.
Meanwhile, draconian price controls, the real cause of Argentina's underinvestment in energy and over-consumption of it, remain in place.
The real test will be whether the spending leads to strength in investment and consumption.
She also suggested comparisons with UK alcohol sales suggest that surveys including this one may be underestimating the extent of consumption and may only represent 55-60% of the real figure.
Then, with the advent of the newest trends in e-commerce such as flash sales websites, personal subscriptions, and collaborative consumption, virtual shopping became just as overwhelming and complicated as real life shopping.
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