us consumer spending as a percentage of gdp is 71 %.
us consumer spending as a percentage of gdp?
71 %
in 1929, consumer spending was 75% of the nation's economy. this grew to 83% in 1932, when business spending dropped. consumer spending dropped to about 50% during world war ii due to large expenditures by the government and lack of consumer products. consumer spending in the us rose from about 62% of gdp in 1960, where it stayed until about 1981, and has since risen to 71% in 2013.





























in the united states, the consumer spending figure published by the bureau of economic analysis includes three broad categories of personal spending.
consumer spending
consumer spending





























consumer spending, consumption, or consumption expenditure is the acquisition of goods and services by individuals or families. it is the largest part of aggregate demand at the macroeconomic level. there are two components of consumer spending: induced consumption (which is affected by the level of income) and autonomous consumption (which is not).





























section::::macroeconomic factors.





























section::::macroeconomic factors.:taxes.
consumer spending