The phrase "absence of consumer" is correct and usable in written English.
It can be used in contexts discussing market conditions, economic analysis, or consumer behavior where the lack of consumers is relevant.
Example: "The absence of consumer demand has led to a significant decline in sales for the company."
Alternatives: "lack of consumers" or "dearth of consumers".
In Kenya, for example, mobile-money services like M-Pesa have emerged in response to the absence of consumer banks, giving millions of Africans access to digital finance.
In fact, eyebrows were raised over the conspicuous absence of consumer electronics manufacturers among the ATVEF founders, save one: Sony Corp. How, reasoned ATSC members, could content companies understand the considerable technical issues such as memory, processing power and cost involved in developing a set-top box receiver?
In the absence of consumer-price inflation, raising rates sharply simply to lower share prices might dent Mr Greenspan's reputation and perhaps his hopes of reappointment after his term runs out next year.That the oracular Mr Greenspan might be swayed by such petty matters as reputation and employment seems unthinkable.
But in China, where the dreams of dot-com wealth soar as high as the obstacles to e-commerce -- like snail mail that deserves the name, a balkanized banking system and a near-absence of consumer credit cards -- success calls for a kind of ingenuity not taught at business school.
This is demonstrated by the absence of corporate consumer giants atop the lists.
But in the absence of strong consumer resistance, they are likely to become increasingly common.
In the absence of data, consumer exposure is based on relevant habits and practices and assumes 100% skin uptake of the applied dose.
But he bemoaned the absence of online consumer reviews that could help people who are, like him and his brother, interested in purchasing a Democrat for the very first time.
I was thrown into a strange new (old) world of extended families, aunts and uncles, two dozen cousins, cricket, odd-tasting bread, odder-still-tasting milk, only one television channel – and even that only on for part of the day – and an almost complete absence of familiar consumer brands.
In any case, business investment is too small a share of the economy to keep it aloft in the absence of robust consumer spending.But the main reason for doubting that America is back on a path of strong, sustainable growth is that it has failed to purge the excesses of its previous boom.
In fact, P2P lending might have a greater impact in China and other developing countries than the U.S. because of the absence of other consumer banking alternatives.
