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Confidence is key to investment and private sector spending.
Additional private sector spending is not replacing the cuts in government spending.
He also said that both government and private sector spending before the 2020 Tokyo Games would further bolster economic recovery.
When the governor sits high in U.S. Cellular Field this summer, at least he can't avoid the dubious private sector spending on Adam Dunn.
Economic demand will slow as private sector spending slows, which itself may force even domestically focused businesses to cut their own expansion plans.
As private sector spending dries up, the case builds — among Republicans as well as Democrats — for the government to jump-start the economy.
Similar(40)
(Our private sector spends $3,000 or so on top of that).
Of the £11.5 billion the private sector spends on research and development, 2.3% goes to universities.
In per-person terms, government agencies spent roughly $4,500 on medical care, while the private sector spent roughly $3,100.
This is almost the same amount that the private sector spends to provide the same services to the 40 million people capable of paying the bills.
Research by the charity Citizens Advice published in May found that tenants in the private sector spend £5.6bn in rent every year to live in homes that can make them sick or kill them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com