provide a useful benchmark for executives engaged in the planning process.
Consumer spending and saving rates (normally the saving rate is the statistic presented in the media) indicate the percentage of personal (or household) income which is being used for consumption, and the percentage which is being saved. High levels of savings make more capital available for other uses (including home loans to consumers and loans to businesses) while high consumption levels can indicate to executives that demand for consumer goods is strong.
Consumer saving can be related to fiscal policy in the sense that tax breaks to consum
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