While "ultimately, consumer demand drives air traffic," Mr. Richter said, "Asia-Pacific retains bright prospects, although the Japanese earthquake/tsunami/nuclear meltdown has naturally caused problems and disruptions.
Consumer demand drives production, pure and simple.
As this trend continues, it will drive employers to create even more jobs, since consumer demand drives so much of the American economy.
Moreover there is evidence that once robotic surgery becomes available, consumer demand drives up its usage, with one study reporting that during the course of a case series to compare robotics with other approaches, at the study completion more than 94% of men had chosen robotic surgery [ 5].
Economic growth drives stock performance, and consumer demand drives economic growth.
The World Bank expects China's transition to a consumer demand-driven economy to reduce annual GDP growth from 7.1% this year to 6.9% in 2016.
Hopley said: "While the headline movement was positive, the story behind the index is a familiar one – decent domestic demand driven by consumers with strengthening purchasing power, contrasting with persistent challenges in getting exports moving and weak demand for investment goods in the oil and gas sector.
For now though, the market is relatively ambivalent and as he puts it, "consumer demand ultimately drives the successful adoption of technology by society.
It will take a resumption of business investment, instead of the usual burst of pent-up consumer demand, to drive this recovery.
The government has attempted to rebalance the economy by getting domestic consumer demand to drive growth.
Officials have warned that the economy is set to slow as the government attempts to rebalance the economy by getting domestic consumer demand to drive growth, rather than investments and exports.
