"I don't know," he said, "if interest rates could fall low enough to get the household sector out of the financial straitjacket they are in."
"I believe that the household sector poses one of the most serious risks to the continuation of this recovery."
Again household sector spends this income to fulfill its wants in the form of consumption expenditure.
The majority of lighting needs in the country are met by incandescent bulbs, particularly in the household sector.
Unlike the business sector, the wealth created by the household sector isn't in monetary form.
This is understandable because most of the work done in the household sector is unpaid.
The law basically captures and understands the essential spending behavior of the household sector.
In the early 21st century, about 70 percent of all energy consumption in Bhutan was in the household sector.
But he warned that "there are still strong headwinds for the household sector."
Cooling and heating in the household sector constitute 40% of our current energy consumption.