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He warned again that reductions in government spending amount to reductions in short-term growth.
Will federal spending amount to something like a piñata at a children's birthday party, with the proceeds scattered willy-nilly?
personal consumption: the median spending amount in local currency for all transactions inside the neighborhood.
We therefore obtain two time series, each with 13 data points for each day in the week, for the number of customers and the median spending amount in a neighborhood on a particular weekday or weekend.
consumer action: the number of unique customers who made transactions at stores inside the neighborhood; personal consumption: the median spending amount in local currency for all transactions inside the neighborhood.
For example, Fig. 2(a) and Fig. 2(b) show the time series of the number of customers shopping, and the median spending amount, respectively, in a given neighborhood on Mondays and Saturdays.
Similar(48)
Spending amounted to Lv5.8bn, compared with Lv5bn a year earlier.
New rail spending amounts to £1.4bn in total.
Consumer spending amounts to 70percentt of overall American economic activity.
Earmarks are used to allocate a small fraction of already approved spending amounts.
Its consumer spending amounts to only 13% of American GDP, for example.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com