www.thebalance.com www.thebalance.com/ consumer spending www.thebalance.com/ statistics $14.24 trillion in 2019 consumption-based economy consumer spending www.thebalance.com/ http://www.thebalance.com/ consumer spending $14.24 trillion about 70 percent of economic activity Consumer spending is 68 percent of the US economy www.thebalance.com The Balance reports http://www.thebalance.com/ consumer spending about 70 percent of economic activity 70 percent majority of economic activity 69% of our economy is based on consumer spending http://www.thebalance.com/ about 70 percent of economic activity nearly 70% 70% of total expenditures (Source) www.thebalance.com 69 percent consumers’ decision-making processes grow about 70 percent of economic activity spending statistics http://www.thebalance.com/ only 54% of China’s GDP consumer spending majority of economic activity consumers’ decision-making processes According to the Balance consumer spending 68 percent of the US economy