Page 7 - Consumer Spending

Small positive growth can't be ruled out despite Covid lockdown: Rangarajan

Noting that the lockdown has put a brake on the economy, the paper suggested that the need to kick start the economy and move it forward has become urgent

US economy sees revival, consumer spending rises a moderate 1.9% in July

US consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from a pandemic that has held back recovery and kept roughly 27 million people jobless

US economy is reliant on consumer spending: Can it survive Covid-19?

Today's consumer society emerged after the end of World War I, fueled by the emergence of the modern advertising industry and facilitated by widespread adoption of consumer credit

Maggi noodles to chyawanprash: What India has been spending on in pandemic

Consumers around the world are showing an increased interest in safeguarding their health and boosting their immunity

US June consumer spending up 5.6%, but Covid-19 could stall gains

So deep was the pullback in the spring that even with two months of gains, consumer spending was still down at a record annual rate of 34.6% in the April-June quarter

The rise and rise of the attention economy

Advertising, as a business, has always been about attention

Japan's retail sales extend fall in May as Covid-19 hurts consumer spending

The sustained downturn in demand raises risks that the world's third-largest economy could remain mired in recession longer than expected and a revival may be more sluggish

Used car trade could rev up auto revival as consumer turns budget-conscious

Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh

Covid-19: Average card spend falls 25% as shopping, travel take back seat

With malls and shops closed, spending avenues are practically non-existent.

NSO's consumer spend report showing first fall in 40 yrs won't be released

Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product

Business Standard's Somesh Jha wins IIMCAA award for best business reporter

Jha, who broke the news on India's record unemployment level, was also adjudged IIMC alumnus of the year 2019

Can't compare GDP data with consumer spending report, says govt panel

A fall in household spending is a signal that poverty may have increased, according to experts

Statistical Commission to discuss junked consumer spending report on Dec 4

The NSC is an autonomous body overlooking the country's statistical system and is headed by cryptologist Bimal Kumar Roy

Govt releases 5 survey reports after uproar, holds back study it junked

Scholars across the world had appealed for the survey reports, including one on household consumer expenditure.

Consumer spend survey: Panel didn't flag quality issues, ask for scrapping

Govt had said a committee of experts was formed and several 'concerns' related to the survey report was flagged to it

Maharashtra, Haryana saw biggest drop in rural consumer spending: NSO data

Rural parts of Haryana and Maharashtra saw an 18 per cent fall in consumer spending in 2017-18, compared to 2011-12

Data credibility at stake

Unfortunate fiasco over consumer spend survey

Best of BS Opinion: Why the govt must step in to help telecom companies

Here's a selection of Business Standard Opinion pieces for the day

NSO's junked consumer expenditure survey shows inequality gap declining

Ratio of top and bottom 10% declined sharply to 5% in 2017-18 from 5.9% in 2011-12 in rural areas

RTI practised by govt: Chidambaram's dig over economic data 'suppression'

Chidambaram's remarks come after a media report cited the latest consumption expenditure survey by the NSO to claim that consumer spending fell for the first time in more than four decades in 2017-18