The Evolution of Global Consumer Spending. What do customers really want in a hotel room? Before the COVID-19 crisis, global consumer spending has witnessed steady growth for five years in a row, revealed Statista, IMF, United Nations, World Bank, and Eurostat data. The average American household spends 33% of its income on housing. In 2015, it amounted to over $41.5trn. ... meaning more scrutiny and awareness is likely to be placed on where and how people are spending their money in their day-to-day lives. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Consumer Spending. Over the next twelve months, this figure rose to $42.5trn and continued growing. Respondents in all countries said they cut down spending in these categories between 20% and 50%. This page displays a table with actual values, consensus figures, forecasts, statistics and … Consumer spending increased 4.8% in 2017 compared to the year before. In October, when daily cases were rising at a rate of around 65,000, consumers already brought spending to a near halt. This page provides values for Consumer Spending reported in several countries. Brexit’s impact on consumer spending Download the PDF ... companies headquartered in the UK are likely to be affected to a larger extent compared to global companies headquartered outside the UK. Updated: Wednesday, July 15, 2020. Since mid-March, McKinsey has fielded consumer surveys across the globe to understand the impact of COVID-19 on consumer sentiment and stated behavior. It encompasses all individual and household purchases of services and goods. World consumer spending for 2016 was $43,784.40B , a 2.12% increase from 2015. Consumer attitudes to privacy and purpose are changing. Falling consumer spending has significant effects on overall Gross domestic product (GDP) growth, considering it accounts for almost 70% of GDP. Top Consumer Spending Figures – Editor’s Choice. 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