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This will put cash directly into American's pockets and boost consumer spending.
These would boost consumer spending and growth, reducing China's dependence on export markets and investment bubbles.
Refinancings will lower monthly payments, reduce the likelihood of default and boost consumer spending.
Low unemployment should boost consumer spending and provide domestic demand support to growth, but exports remain Germany's bread and butter.
Strong inflows of funds after central European countries join the EU next year are expected to boost consumer spending.
Taiwan's government is attempting to boost consumer spending by issuing shopping vouchers worth NT$3,600 ($107) per person.
Similar(5)
In a small way, the measures to cut German welfare benefits may help if they encourage more non-workers into the labour force and boost consumers' spending power.
HSBC therefore expects a further cut in interest rates, to 1.5% by late 2004.A rising currency could be beneficial for the euro area if it helps to hold down inflation and boost consumers' spending power; it could also encourage structural reforms.
For those receiving higher wages, annual pay will increase $4,900 a year on average (in 2015 dollars), boosting consumer spending.
This has boosted consumer spending as households have borrowed back some of that wealth through mortgage-equity withdrawal.
Rising house prices have boosted consumer spending by making people feel wealthier, offsetting the effect of falling share prices.
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