purchasing power

USAGE SUMMARY

'purchasing power' is a correct and usable phrase in written English.
It is used to refer to the ability to purchase goods or services. For example, "With a steady job and good savings, she had enough purchasing power to buy her own home."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

55 human-written examples

"Purchasing power is eroding.

The New York Times

Lower inflation is boosting consumers' purchasing power.

The Economist

Purchasing power is in short supply.

The Economist

"Purchasing power is increasing quite rapidly.

The New York Times

First, high prices hinder shoppers' purchasing power.

The Guardian - Business

Purchasing power & production are moving steadily ahead.

The New Yorker

Human-verified similar examples from authoritative sources

Similar Expressions

5 human-written examples

The lines express purchasing-power-parity dollars.

The New York Times

It's $1.25 in 2005 Purchasing-Power-Parity (PPP) dollars.

The Economist

Purchasing-power parity is a long-run concept.

The Economist

(In purchasing-power-parity terms, it already is).

The Economist

PPP=purchasing power parity; NA=not available.

British Medical Journal

Expert writing Tips

Best practice

When discussing economic trends, quantify the impact of changes in "purchasing power" with specific data or percentages to provide a clearer picture.

Common error

Don't use "purchasing power" when you simply mean something is affordable. "Purchasing power" refers to the economic strength to buy a range of goods and services, not just whether one item is within budget.

Linguistic Context

"Purchasing power" functions as a noun phrase that refers to the economic ability of individuals, groups, or nations to buy goods and services. As evidenced by the examples in Ludwig, it is often used to describe economic trends and impacts.

Expression frequency: Very common

Frequent in

News & Media

49%

Science

27%

Formal & Business

14%

Less common in

Wiki

5%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "purchasing power" is a noun phrase that describes the economic ability to buy goods and services. Ludwig AI confirms its grammatical correctness and widespread usage. It appears most frequently in news and media, science and formal business contexts. When writing about "purchasing power", quantify the impact of changes with specific data and avoid confusing it with mere affordability. Consider using synonyms like "buying capacity" or "consumer strength" for variety. The provided FAQs address common questions, and the linguistic analysis highlights its function and register. Ludwig's examples reveal its prevalence in describing economic trends and their effects on consumers.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

buying capacity

Refers specifically to the quantity of goods that can be bought, rather than the broader economic influence.

spending ability

Highlights the act of spending rather than the underlying economic strength.

consumer strength

Focuses on the power of consumers in the market.

economic muscle

Implies a more assertive and influential role in economic activities.

market influence

Emphasizes the ability to affect market trends and prices.

financial resources

Broader term encompassing all available funds, not just spending ability.

monetary capacity

Highlights the sheer volume of money available for transactions.

fiscal potential

Implies an untapped ability to generate wealth and spend.

acquisitive power

Focuses on the ability to acquire or obtain possessions.

disposable income impact

Refers to the consequences of disposable income on economic activity.

FAQs

How is "purchasing power" typically measured?

It's often measured by comparing the cost of a basket of goods and services in different locations or time periods, frequently adjusted for inflation to reflect real /s/buying+power. This helps economists understand how much consumers can actually afford.

What factors can affect "purchasing power"?

Inflation, deflation, wage levels, exchange rates, and government policies all play a role. When inflation rises faster than wages, for instance, /s/real+incomes are reduced, diminishing "purchasing power".

How does "purchasing power parity" differ from standard "purchasing power"?

"Purchasing power parity" (PPP) is an economic theory that compares different countries' currencies through a market "basket of goods" approach. Standard "purchasing power" usually refers to individual or aggregate consumer ability to buy goods within a specific economy.

What are some synonyms for "purchasing power"?

Depending on the context, you can use alternatives like /s/buying+capacity, /s/spending+ability, or /s/consumer+strength to convey similar meanings. However, be aware of the subtle differences in connotation.