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A slower rate of growth in per capita consumption will slow down the rate of transfer of resources, but it may also result in a more livable environment.
Factory output slipped 0.1% in October, weighed down by a 7.8% plunge in sales of motor vehicles and parts.Looking ahead, the soft-landers presume that both investment and consumption will slow, in part because of weaker earnings and wobbly financial markets.
Through review on the achievements in recent high-speed development and analysis on the future development of China's natural gas industry, it is believed that the growth rates of China's natural gas output and consumption will slow down and the supply and demand fundamentals present loose states.
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In 2013, as transfer payments are phased out, however gradually, and as some tax cuts are allowed to expire, disposable income growth and consumption growth will slow.
The drag on personal consumption growth will slow recovery, making life hard for other jobseekers.Congress may try to address unemployment benefit issues in the post-election lame duck session, but they'll have their hands full trying to extend the Bush tax cuts in order to prevent a large and sudden round of fiscal tightening.
"The damage to consumption and manufacturing will slow the economy so dramatically that we may be talking about rate cuts" instead of hikes.
The recently enacted consumption tax hike will slow debt accumulation, but not arrest it.
"While 2.6% spending growth still represents a solid pace, given the backdrop of tax increases hitting households at the start of the year, it paints a picture of an economy with clearly less growth momentum at the start of the year than previously suggested," explained Barclays analyst Peter Newland, who added consumption will probably slow further in the second quarter.
Later this year consumers will pull in their horns, consumption will sag and business will slow down.
In Asia, population growth will slow and the effects of rising incomes will diminish as consumers in middle-income countries reach high levels of vegetable oil consumption.
But it also reckons GDP growth will slow over the course of 2014 as household consumption which ran well ahead of earnings growth in 2013 ceases to defy gravity.
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