consumer spending(Good and services bought by households in the satisfaction of their needs and wants. It includes non-durables such as food, semi-durables such as clothing, and durables such as refrigerators. • I realized that the consumer spending had increased a lot and our revenue was increasing slowly, but surely for us. • In the United States, consumer spending has rose considerably after an increase in the economy; families are able to fulfill such needs with less financial pressure. • You need to factor in what the consumer spending numbers are when you are trying to figure out how much to charge. Read more: businessdictionary.comAlexander Demidov)
