Private consumption is responsible for approximately 70 percent of our GDP. Consumer decisions on how much to spend, what to spend money on and when to save can explain a good part of the ups and downs in our economies. Consumption data can also tell pros…
Private consumption is one of the most important indicators of how an economy, and its people, is doing. Steady growth in private consumption at rates of three perc… https://keypolicydata.com/blog-archives/2016/03/private-consumption-states-part-1/