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Households' increasing spending power ought to boost both consumption and imports.But a stronger pound also threatens to block Mr Osborne's march of the makers.
China's sheer size and burgeoning middle class with increasing spending power make it an attractive place to break into and Manchester United, Arsenal and Liverpool, as well as Barcelona, have all played pre-season games there in recent years.
Over the same period, the same age group in western Europe, and even in America, will shrink.In this section Doing up the Middle Kingdom A billion boomers Follow my lead Cola down Mexico way Carbon copy Mittal's mettle Goodbye peace Click and fly ReprintsAsia's boomers are blessed with increasing spending power.
Others in the top 10, like the University of Maryland at College Park, receive taxpayer money for a variety of federal projects, and even those that do not are still benefiting from the increasing spending power of local residents employed through government money.
Many of our investments stand to profit from the Chinese consumer's increasing spending power.
And along with the big companies, thousands of briefcase investors, who had heard about Uganda's massive economic potential and increasing spending power, descended on the country.
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Changing social conditions and expectations are driving both increased spending power and social unrest.
Large Chinese conglomerates have bought domestic clubs in recent years, giving them dramatically increased spending power, with Ezequiel Lavezzi and Ramires among other imports from European leagues.
Capital gains on real or financial assets should also be counted as income in most cases, at least insofar as they increase spending power.
Findings by Deloitte such as a fourfold rise in bar staff since the 1950s or a surge in the number of hairdressers this century suggest to the authors that technology has increased spending power, therefore creating new demand and new jobs.
Ultimately, if Lori succeeds it will mean lower prices and increased spending power for consumers across Africa.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com