increased purchasing power

USAGE SUMMARY

The phrase "increased purchasing power" is correct and usable in written English.
It can be used when discussing economic conditions, consumer behavior, or financial topics related to the ability of individuals or groups to buy more goods and services. Example: "The recent tax cuts have led to increased purchasing power for middle-class families, allowing them to spend more on essential goods."

✓ Grammatically correct

Economics

Business

Socio-economics

Human-verified examples from authoritative sources

Exact Expressions

30 human-written examples

Increased purchasing power was one of his rallying cries.

The New Yorker

The greater use of air-conditioners has resulted in an increased purchasing power of the population.

Procedia - Social and Behavioral Sciences

The economy would in turn be stimulated by the increased purchasing power of the newly employed, whose wages under the program ranged from $15 to $90 per month.

Britannica

DealBook » Private Equity Firms Stimulate Earnings and Deals in Post-Revolution Egypt | "With increased purchasing power, the country notched record high sales in consumer goods," Sara Hamdan reported.

The New York Times

It warned that the continued consolidation of the trucking industry was giving the remaining players "increased purchasing power," reducing demand for its products.

The New York Times

With increased purchasing power, the country recorded record high sales in consumer goods, especially in the first few months of 2012.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

30 human-written examples

For example, with increasing purchasing power for food, there may be shifts in food preferences with increased consumption of convenience and processed foods.

BMJ Open

Economy Minister Christine Lagarde said the bill could help increase purchasing power by a possible "1,000 euros per year and per household, starting in 2009".

The New York Times

The state that promises maximised choice and minimal risk is in serious danger of encouraging people to forget two fundamentals of economic reality - scarcity as an inexorable truth about a materially limited world, and concrete productivity and added value as the condition for increasing purchasing power or liberty, and thus sustaining any kind of market.

The Guardian - Opinion

Elected to a second term last month with a resounding majority, Mr. Cardoso will be inaugurated in January with a high level of popular support after having reduced inflation from annual rate of 941percentt in 1994 to a current level of zero, dramatically increasing purchasing power for the working class.

The New York Times

The second trend is the increasing purchasing power of women.

Forbes

Expert writing Tips

Best practice

When discussing economic growth, specify which segment of the population experiences the "increased purchasing power". Providing context enhances clarity and impact.

Common error

Avoid assuming that "increased purchasing power" automatically benefits all sectors of society. Acknowledge potential disparities and specific impacts on different groups.

Linguistic Context

The phrase "increased purchasing power" functions as a noun phrase, typically serving as the subject or object of a sentence. As Ludwig AI indicates, it is correctly used to describe a rise in consumers' ability to buy goods and services. For example, 'With increased purchasing power, the country recorded record high sales in consumer goods'.

Expression frequency: Common

Frequent in

News & Media

54%

Science

27%

Formal & Business

8%

Less common in

Academia

3%

Encyclopedias

3%

Wiki

2%

Ludwig's WRAP-UP

The phrase "increased purchasing power" is a common and grammatically correct term used to describe a rise in consumers' ability to buy goods and services. As Ludwig AI confirms, it's suitable for various contexts but most frequently appears in News & Media and Science. When using this phrase, it's essential to specify which population segment benefits and avoid overgeneralizing its impact. Alternatives like "greater disposable income" or "enhanced consumer affordability" can offer nuanced perspectives, while understanding its potential economic impacts is crucial for accurate interpretation.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

increased buying capacity

Focuses on the ability to buy, using 'capacity' instead of 'power'.

heightened purchasing ability

Replaces "power" with "ability", indicating the capacity to buy.

enhanced consumer affordability

Highlights the affordability aspect for consumers.

greater disposable income

Emphasizes the income available for spending after taxes and necessities.

bolstered financial means

Emphasizes the increased financial resources available to consumers.

improved economic access

Focuses on the access to goods and services due to better financial conditions.

elevated consumer spending

Highlights the act of spending by consumers due to their financial strength.

stronger market demand

Shifts the focus to the overall demand in the market influenced by consumer spending.

expanded market reach

Indicates a broader consumer base capable of making purchases.

uptick in discretionary spending

Specifically refers to the increase in spending on non-essential items.

FAQs

How is "increased purchasing power" typically measured?

It's often gauged by looking at real income growth, consumer spending habits, and inflation-adjusted wages. These metrics help determine if people can afford more goods and services.

What economic factors contribute to "increased purchasing power"?

Factors include wage growth, lower inflation, tax cuts, and government stimulus programs. These can lead to "greater disposable income" and spending ability.

What are the positive effects of "increased purchasing power" on the economy?

It can stimulate economic growth by boosting consumer demand, increasing production, and creating jobs. Businesses also benefit from higher sales and revenues.

Is "increased purchasing power" always a sign of a healthy economy?

Not necessarily. If it's driven by unsustainable debt or artificial inflation, it can lead to economic instability. Sustainable growth requires a balance between production and consumption.