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Definition of consumer spending noun from the Oxford Advanced Learner's Dictionary

consumer spending

noun
 
/kənˌsjuːmə ˈspendɪŋ/
 
/kənˌsuːmər ˈspendɪŋ/
[uncountable]
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  1. the amount of money that consumers spend on goods and services, expressed as a percentage of a country's economy
    • Consumer spending accounts for about 70% of the country's economic activity.
    Topics Moneyc1
previously
adverb
 
 
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