personal sector

personal sector

that part of the economy concerned with the transactions of HOUSEHOLDS. Households receive INCOME from supplying factor inputs to other sectors of the economy and influence the workings of the economy through their spending (consumption of goods and services) and SAVING decisions. The personal sector, together with the CORPORATE SECTOR and FINANCIAL SECTOR, constitute the PRIVATE SECTOR. The private sector, PUBLIC (GOVERNMENT) SECTOR and FOREIGN SECTOR make up the national economy. See also CIRCULAR FLOW OF NATIONAL INCOME MODEL.
References in periodicals archive ?
There's an explosive feel to the personal sector of your chart, and this could see many relationships being made or broken.
But now is the time to develop personal sector which provides employment to 15 crore people.
The new business unit will trade with immediate effect as "CCL Label TubeDec" and will be part of the global CCL Label Home & Personal sector headed by Ben Rubino, president.
The Australian economy, particularly the personal sector and housing, is horribly over-borrowed.
With Venus still influencing the personal sector of your horoscope, expect a surprise.
It is then that the transfer of the recovery from the corporate sector to the personal sector via more job creation will likely boost confidence and spending.
As discussed by Holland, Kirby and Orazgani (2011) there are two losses to consider: the loss to the perceived financial wealth of the personal sector through bonds held directly and via institutional investors; and the loss to the asset base and hence capital adequacy in the banking sector.
The objectives of this partnership go far beyond exchanging expertise and mutual interests to the enhancement the capabilities of both parties to introduce the best services, products and solutions," said Abdullah Al-Kanhal, general manager, Marketing at STC's Personal Sector.
And he added: "The economy is still struggling to emerge from the deepest recession in the country's history, the public finances are in an unsustainable position, debt is creating massive difficulties for the personal sector and the banking sector is still in deep crisis.
Within the personal sector, there was continued weak mortgage lending and little evidence of demand for consumer credit.
We are not facing that much competition in the personal sector but in corporate.

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