spending power
Frequency: 6.99.5 per million words
The ability of a person, group, or economy to buy goods and services.
Categories:
Examples (10)
- Inflation significantly reduced the average consumer's spending power.
- The new tax cuts are expected to increase household spending power.
- Developing countries are seeing a rise in their collective spending power.
- Luxury brands cater to individuals with considerable spending power.
- Economic downturns often lead to a decrease in overall spending power.
- The government implemented measures to stimulate public spending power.
- Despite rising incomes, some find their real spending power has not improved.
- A strong currency can enhance a country's international spending power.
- Understanding the target audience's spending power is crucial for marketing.
- Retirees often worry about maintaining their spending power in the face of inflation.