Personal Consumption

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Consumption, Personal

the use of food, clothing and footwear, cultural and domestic goods, household items, housing, and other consumer goods in material form and in the form of personal services, to satisfy people’s immediate needs.

References in periodicals archive ?

13 Personal consumption 37,559 37,815 37,992 38,165

Selected Per Capita Product and Income Series in Current and Chained Dollars

The scope of the personal consumption portion of the PPI includes all marketable output sold by domestic producers for households.

Comparing the PPI with CPI

The revision was attributed primarily to upward revisions for personal consumption expenditures, residential investment, and exports.

Economic activity

Japan's personal consumption from the supply side fell for the second consecutive quarter in the October-December period from the previous term, the Ministry of Economy, Trade and Industry (METI) said Wednesday in an economic report.

Consumption falls for 2nd successive qtr in Oct.-Dec. period

13 Personal consumption 37,522 37,776 37,950 38,118

Selected Per Capita Product and Income Series in Current and Chained Dollars

Given its larger share, personal consumption is usually the component with the largest positive contribution to GDP.

Economic activity

gross domestic product (GDP) figures for the fourth quarter of 2001 are stronger than expected, but voiced caution about personal consumption in the October-December period.

Takenaka says revised 4th-qtr U.S. GDP stronger than expected+

13 Personal consumption expenditures 37,522 37,776 37,950

Selected Per Capita Product and Income Series in Current and Chained Dollars

as including only the personal consumption and private capital

Table 10. Experimental producer price indexes and percent changes for final demand

economy will grow 1.9% in calendar 2002, a slower rate than its June projection of 3.4%, as the result of the serious impact of the terrorist attacks on personal consumption.

Terrorism to slow Japan's FY 2002 GDP growth by 0.7%

2 Personal consumption expenditures 2.7 2.7 2.7 2.8 2.6

Real Gross Domestic Product: Percent Change From Quarter One Year Ago

Personal consumption less distributive 04/10 52.036

Table 10. Experimental producer price indexes and percent changes for final demand