Figure 1 illustrates a country’s economic development between 1995 and 2015. The second figure details the percentage of expenditure on five different categories at four-year intervals over the same period.
Seen together, the two figures suggest a positive correlation between the growth of the economy and the amount of money customers spend. The economy reached a peak in 2005, when nearly 5% more than the other years in the given period, whereas the rate of spending on housing, clothing, entertainment, and travel also experienced the greatest proportion.
In 2005, the economy fell sharply and reached a bottom of -5% before dramatically rising to nearly the same figure in 1995. Despite the fluctuation of the economy during the last five years, housing expenditure appears to be the most prominent figure among the other things, followed by food. The remainder halved nearly two-fold compared to the previous five years.
Overall, the greater prosperity of the economy appears to act as a stimulus to consumer spending.