A stronger currency would increase household income.

Household disposable income is about 60 of national income in China, and the household savings rate is close to 30 of disposable income.

As a result, rather than falling, the household saving rate has increased, rising from 9.7 of disposable income in 2000 to 11.8 last year.

But there are even more problems related to China s disproportionately small household income, particularly growing income disparity.

This has increased working hours, income, and living standards.

The gross income remaining the same, the household economy is not changed.

The median income for a household in the city is 36,944, and the median income for a family is 45,140.

This remarkably low level reflects both the small share of household income in total GDP and the high rate of household saving.

Median household income, adjusted for inflation, remains below its level a quarter century ago.

The result was increased US spending and the descent of measured household savings into negative territory.

In 1800, an American household spent 4 of its income on candles, lamps, oil, and matches.

Similarly, broadening the range of available savings instruments could raise household disposable income and increase consumption.

As a result, the household savings rate has risen from zero to 4 of disposable income.

Real (inflation adjusted) median household income in the US is about the same as in 1979.

Concurrent with diminishing labor income, government imposed ceilings on bank deposits the primary savings vehicle for most households have held down household capital income.

And labor income is the most important component of household earnings, the major driver of consumption spending.

Australian household debt over the past decade has soared from 55 to 130 of personal disposable income.

Australian household debt over the past decade has soared from 55 to 130 of personal disposable income.

The poverty line in the UK is commonly defined as being 60 of the median household income.

And, in the short term, any income effects could be offset by increased transfers.

Concurrent with diminishing labor income, government imposed ceilings on bank deposits the primary savings vehicle for most households have held down household capital income. This fall in income has been magnified by rising household savings rates, driven by insufficient insurance for health care and old age, the high cost of education, growing income inequality, and demographic trends.

First, household debt levels are enormous, capturing a quarter of income, with mortgage payments taking the lion s share.

A publication by HakiElimu found citizens opinion on the key contributors to teen pregnancies includes low household income.

Ultimately, reducing wages, public services, and household income impedes human development, threatens political stability, lowers demand, and delays recovery.

Household income must rise, and, with more ample provision of social security, insurance, and services, precautionary savings should fall.

A big portion of these two income streams (corporate and government) needs to be redirected to the household sector.

So income gaps between all these contiguous countries have increased significantly during the last quarter century.

Lagging household income has held back private consumption, even though the economy has the capacity to produce more consumer goods.

For starters, it could alleviate the social hardship that will arise when the price for heating alone exceeds household income.

The reason is simple over the past 10 years or so, China s household income grew more slowly than GDP, making it a smaller and smaller proportion of total national income.

But there are even more problems related to China s disproportionately small household income, particularly growing income disparity. Indeed, not all of China s households have benefited alike from rapid GDP growth.

Higher interest rates can spur consumption if their impact on income outweighs the increased incentive to save.

As a result, the household savings rate has risen from zero to 4 of disposable income. But it must rise further, to 8 , in order to reduce the high leverage of household sector.

Of the many factors that have decreased the share of consumption in China s economy, declining household disposable income has been central.

a macroeconomic shift to a higher level of household income and consumption and a more rapid expansion of the middle class

And lagging household income clearly contributes to China s trade surplus, because low domestic consumption tends to keep exports higher than imports.

Median household income has grown at an average annual rate above 3 in the last decades almost twice the OECD average.

Because of the boom in housing and stock market prices, US household net wealth increased by around 18 trillion during 1996 2006.

While their personal wealth increased, living standards for everyone else either stagnated or, for lower income groups, declined.

While their personal wealth increased, living standards for everyone else either stagnated or, for lower income groups, declined.

Income growth and a lower household savings rate are essential to the shift in China s growth model, and each presupposes key reforms.

Indeed, by the early 2000s, more than four fifths of an average North Korean s household income comprised unofficial earnings from market activities.

The additional income accruing to farmers was probably no greater than 5.3 million, or 5.30 per year for the average cashew growing household.

France has recorded an economic growth of 0,4 in the third quarter, a little better than the expected 0,3 , due to increased household consumption.

Between 1959 and 2005, about half of the growth of the middle class s income came from increased net government expenditures.