purchasing power

noun

: the amount of money that a person or group has available to spend

Inflation decreases consumer purchasing power.

: 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

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While spending is projected to rise, many consumers are still cautious due to ongoing inflation, impacting their purchasing power, the survey notes. —

Jeanette Hurt, Forbes, 30 Nov. 2024 Impact your world This Small Business Saturday, use your purchasing power for good and support businesses in Asheville, North Carolina, whose residents are still rebuilding after Hurricane Helene. —

Scottie Andrew, CNN, 30 Nov. 2024 Even today, minority groups wield immense purchasing power: Black Americans are projected to have $1.7 trillion in spending power by 2030, while Hispanic Americans already contribute $3.2 trillion annually to the economy. —

John Hope Bryant, TIME, 20 Nov. 2024 Yet since May 2023, the typical worker's pay has outpaced inflation, boosting their purchasing power. —

Aimee Picchi, CBS News, 24 Oct. 2024 See all Example Sentences for purchasing power

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“Purchasing power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/purchasing%20power. Accessed 21 Dec. 2024.

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