Often these monthly numbers are compared to the previous month or the same month of the previous year. When the government wants to stimulate the economy it will attempt to increase consumer spending. This can be done by tax cuts or even through giving out a lump sum or money. The increased income is expected to cause individuals to buy more, which means companies will experience higher revenues and can potentially hire more workers.
Investment dictionary. Academic. 2012.
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Consumer spending — or consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. There are two variants of consumption in the aggregate demand model,… … Wikipedia
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consumer — con|sum|er W2S2 [kənˈsju:mə US ˈsu:mər] n someone who buys and uses products and services →↑consumption, producer ↑producer ▪ Consumers will soon be paying higher airfares. ▪ It will offer a wider choice of goods for the consumer (=consumers in… … Dictionary of contemporary English