Prospects for consumer spending to 2005

Article Abstract:

Prospects for UK consumer spending from 1999 to 2002 are discussed while longer-term prospects that take growth patterns into consideration are presented until 2005. The prediction is based on the presumption that consumer spending growth beyond 2000 will not surpass that of the post-war period. There is a general tendency for consumer spending to slow down as a result of intense international competition, technological change, changing tastes and demographic differences.

Economic forecasting

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Prospects for consumer spending to 2005

Article Abstract:

The consumer sector is anticipated to promote overall economic activity in the UK. However, the country has experienced a decline in consumer spending growth in 1998 that is forecast to continue into 1999. Meanwhile, consumer spending is expected to increase by about 3.7% in 1998, down by 4.6% from 1997 figures. The changes in consumer spending has been attributed to domestic and international developments.

Consumer goods industry

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Prospects for consumer spending to 2005

Article Abstract:

Prospects for consumer spending in the UK are discussed based on recent economic data from England, Scotland, Wales, and Northern Ireland. Consumer demand is strong, retail sales have increased, consumer confidence is high, and consumer spending is expected to increase by 2.9% in 1999 and 2.5% in 2000.

United Kingdom, Scotland, Wales, Northern Ireland, Statistical Data Included, Prices and rates, Retail industry, Retail trade, Housing, Statistics, Consumer confidence, Cost and standard of living, Cost of living, Disposable income

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