Will Changing Household Debt Levels Affect Global Consumption Patterns?

Will Changing Household Debt Levels Affect Global Consumption Patterns?

RELEASE DATE
12-Sep-2012
REGION
North America
Research Code: 4672-00-01-00-00
SKU: IA01264-NA-DE_17710
$1,500.00
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IA01264-NA-DE_17710
$1,500.00
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Description

Household debt is a major component of consumer spending in developed economies, which have the largest purchasing power per capita. Economic conditions, such as a recession and rising debt levels over time have a major impact on the cost of holding debt and the levels of consumption in the economy. Households tend to deleverage debt after economic downturns in order to maintain a sustainable and equilibrium level of debt. This has spending and demand implications for products, dependant of debt-driven sales such as automotives and appliances.

Table of Contents

Demand Implications of Household Debt and Access to Credit

  • Household Debt Implications for Consumption Growth
Related Research
Household debt is a major component of consumer spending in developed economies, which have the largest purchasing power per capita. Economic conditions, such as a recession and rising debt levels over time have a major impact on the cost of holding debt and the levels of consumption in the economy. Households tend to deleverage debt after economic downturns in order to maintain a sustainable and equilibrium level of debt. This has spending and demand implications for products, dependant of debt-driven sales such as automotives and appliances.
More Information
No Index Yes
Podcast No
Industries Industrial Automation
WIP Number 4672-00-01-00-00
Is Prebook No