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"That's probably the most important driver of consumer spending up ahead".
Lending conditions are a central driver of consumer spending, and thus economic growth.
And labor income is the most important component of household income, which, in turn, is the major driver of consumer spending.
Within the Fed, the wealth generated in the stock market is regarded as a primary driver of consumer spending and overall demand, and another strong rebound on Wall Street, it is feared, could push demand up to a level that would inevitably fuel inflation.
Satisfaction is considered as the main driver of consumer loyalty and behavior [2].
In other words, people are wired to learn from the actions of others, and this can be a huge driver of consumer behavior.
Similar(45)
Housing was the main driver of consumers' improved financial condition this quarter, according to Mark Cole, the agency's executive vice president and chief operating officer.
The results show that perceived benefits and risks play a significant role in shaping behavioural intentions towards GM food, the attitude to GM technology being the main driver of consumers' beliefs about risks and benefits.
Importantly, as well as looking at headline data on consumer spending, saving and investment, inflation and a range of market analysis, we focus heavily on developing insight into how consumers are experiencing the changing economic landscape, how experiences vary across different parts of the country and between different types of consumers and the motivations and drivers of consumer behaviour.
Theoretically, the study advances research on the drivers of consumer return behavior and sheds more light on the return decision process.
This article aims to identify key drivers of consumer appeal by comparing tanning advertising strategies to those used by tobacco marketers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com