buying power

noun

: the amount of money that a person or group has available to spend : purchasing power
Inflation decreases consumer buying power.
a multinational corporation with a tremendous amount of buying power

Examples of buying power in a Sentence

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About 17% of the nation's buying power came from Black, Asian and Native American households, according to a 2022 report from the Selig Center for Economic Growth at the University of Georgia. Kim Bojórquez, Axios, 20 Dec. 2024 Bottom line Ponder next a yardstick of a Californian’s relative buying power compared with other states. Jonathan Lansner, Orange County Register, 20 Dec. 2024 According to the Bureau of Labor Statistics' inflation calculator, $19.83 in December 1990 has the same buying power as $46.76 in November 2024 in the most recent consumer price index data available for this year. Javier Zarracina, USA TODAY, 17 Dec. 2024 Further complicating the situation is the potential for consumer buying power to be reduced, leading to a fiercely competitive marketplace in the U.S. The NRF has stated that the Trump tariff proposals could cost Americans $78 billion in annual spending power. Shelley E. Kohan, Forbes, 9 Dec. 2024 See all Example Sentences for buying power 

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Cite this Entry

“Buying power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/buying%20power. Accessed 19 Jan. 2025.

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