Uber shares surge as company says consumers still strong
Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust.
Nov 1, 2022
0
19
Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust.
Nov 1, 2022
0
19
A digital version of the Consumer Electronics Show kicked off Monday, showcasing new innovations as organizers projected sharp growth in technology spending amid the COVID-19 pandemic.
Jan 12, 2021
0
4
Shopify is cutting 10% of its staff, or about 1,000 employees, as the e-commerce company reckons with an unexpected sales downturn after a pandemic-fueled explosion.
Jul 26, 2022
0
14
General Motors' third-quarter net profit rose 36.6% as vehicle sales began to rebound from persistent supply chain troubles.
Oct 25, 2022
0
15
Amazon said Wednesday it had its biggest ever Thanksgiving holiday shopping weekend, aided by a record number of consumers looking for deals online amid high inflation.
Nov 30, 2022
0
4
Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk's beleaguered social media company, amid concerns about hate speech—as well as reaching a sizeable ...
Dec 1, 2023
0
1
China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.
Feb 19, 2024
0
10
Sebastian Siemiatkowski is a co-founder and CEO of Klarna, the Sweden-based company that's one of the world's biggest providers of buy now, pay later services to customers. Klarna started off in Europe and entered the U.S. ...
Dec 18, 2023
0
10
Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.
Nov 27, 2023
0
33
Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally consumption is defined by opposition to production. But the precise definition can vary because different schools of economists define production quite differently. According to some economists, only the final purchase of goods and services constitutes consumption, and every other commercial activity is some form of production. Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. "the selection, adoption, use, disposal and recycling of goods and services").
Likewise, consumption can be measured by a variety of different metrics such as energy in energy economics . The total consumer spending in an economy is generally calculated using the consumption function, a metric devised by John Maynard Keynes, which simply takes the aggregate disposable income and multiplies it by a "marginal propensity to consume". This metric essentially defines consumption as the part of disposable income that does not go into savings. But disposable income in turn can be defined in a number of ways - e.g. to include borrowed funds or expenditures from savings.
This text uses material from Wikipedia, licensed under CC BY-SA