If so, I wasn't able to find median info on disposable income there for the US, which I think is a very important distinction from average. If not, can you please share another source since I'm very curious to see how it shakes out across the developed world.
Also, I think it's also important to note that my original post was perhaps incomplete referring to disposable income generally. What's more important is growth in disposable income year over year, and related, growth in actual expenditures. For the US, OECD puts disposable income growth at just 0.8% year over year in the US since 2008. A population might have tons of disposable income, but if all of it is already being spent, then that doesn't help companies very much with demand - zero growth equals a zero sum game. Compare the US growth rate with that of China, which is 10x more [1] and also where many big companies have focused their investments in recent years.
If so, I wasn't able to find median info on disposable income there for the US, which I think is a very important distinction from average. If not, can you please share another source since I'm very curious to see how it shakes out across the developed world.
Also, I think it's also important to note that my original post was perhaps incomplete referring to disposable income generally. What's more important is growth in disposable income year over year, and related, growth in actual expenditures. For the US, OECD puts disposable income growth at just 0.8% year over year in the US since 2008. A population might have tons of disposable income, but if all of it is already being spent, then that doesn't help companies very much with demand - zero growth equals a zero sum game. Compare the US growth rate with that of China, which is 10x more [1] and also where many big companies have focused their investments in recent years.
[1] http://www.tradingeconomics.com/china/disposable-personal-in...