purchasing power

noun

1
: the amount of money that a person or group has available to spend
Inflation decreases consumer purchasing power.
2
: the value of money thought of as how much it can buy
a decline in the purchasing power of the dollar

Examples of purchasing power in a Sentence

Recent Examples on the Web
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Consumers are driving change with their purchasing power and demanding greater accountability from businesses. Evgeny Popov, Forbes, 4 Nov. 2024 Rising costs in essential areas like housing, food and energy have led to a perception among voters that their purchasing power has diminished under the Biden-Harris administration. Hannah Parry, Newsweek, 29 Oct. 2024 Cost-of-living adjustments matter a great deal A cost-of-living increase exists as part of the Social Security system to make sure that people receiving benefits don't lose their purchasing power over time due to inflation. Susan Tompor, Detroit Free Press, 10 Oct. 2024 While wage growth has helped boost Americans' purchasing power, economists say there are still pockets of shoppers – especially lower-income renters –who are struggling.. Dollar stores and several other low-cost retailers are feeling the pinch. Betty Lin-Fisher, USA TODAY, 5 Sep. 2024 See all Example Sentences for purchasing power 

Dictionary Entries Near purchasing power

Cite this Entry

“Purchasing power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/purchasing%20power. Accessed 22 Nov. 2024.

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