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First is personal consumption expenditures, the kinds of things that people buy every day for themselves.
The rate of growth in personal consumption expenditures on things other than energy and food has slipped, but not by a lot.
To see this consider again the consumption expenditure model we have been discussing.
It is primarily a consumption expenditure, and that remains the case.
Consumption expenditures make up 65 per cent of our gross national product.
The same figure is recorded under household final consumption expenditures."
Another chart shows a similar pattern in personal consumption expenditures, which grew at an annual rate of 3.6 percent.
Personal income rose 0.4 percent in November, and consumption expenditures increased 0.3 percent.
Private final consumption expenditure per capita increased by more than 80% over the last decade.
Again household sector spends this income to fulfill its wants in the form of consumption expenditure.
Upon retirement, consumption expenditure may begin to decline however income usually declines dramatically.
He bases this conclusion on the cyclical stability of personal consumption expenditures (less food).
Personal consumption expenditures grew at an annual rate of 3.6 percent, suggesting renewed confidence among households.
Thus, consumption expenditure is low, and savings are either very low or completely absent.
But personal consumption expenditure - the spending of American consumers - rose at a very strong annual rate of 6.1 percent.
Essentially overlooked was a report showing that personal income and consumption expenditures fell sharply in January.
The Federal Reserve watches the inflation rate based on personal consumption expenditures very closely.
A. We don't see much, if any, correlation between change in the federal funds rate and changes in real personal consumption expenditure.
Most analysts expect that the numbers will show upward revisions in personal consumption expenditures and net exports.
On the contrary, when income falls, consumption expenditure does not decline in the same proportion and never becomes zero.
This distrust in future income reduced consumption expenditure.
The core personal consumption expenditures deflator is estimated to have risen 0.2 percent in the month.
Nearly nine-tenths of the economic expansion in the third quarter was accounted for by growth in personal consumption expenditures.
It also showed that personal consumption expenditures - used by the Fed as an inflation gauge - rose at their slowest rate since mid-2003.
Substituting this expression for into the consumption expenditure equation (3.6) we obtain: