discretionary income


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Discretionary income

The amount of income a consumer has available after purchasing essentials such as food and shelter.

discretionary income

Individual income that is not allocated to expenditures for necessities such as food and shelter. Increasing amounts of discretionary income are especially favorable for the prospects of firms that sell luxury or leisure items and services.
References in periodicals archive ?
But Northern Ireland still has a long way to go to catch up with other parts of the UK when it comes to the actual amount of discretionary income. It's only 39 per cent of the PS257 enjoyed by people in London and far behind the UK average of PS200.
The income-based repayment amount is 15% of discretionary income, and pay as you earn is 10%.
The gap between the level of discretionary incomes in London and those in the rest of the UK has narrowed slightly, from nearly 37% a year ago to just under 36%.
Families had PS146 a week of discretionary income last month, meaning they were PS1 a week better off than a year ago but compared with November 2010, they are still PS12 a week worse off.
Discretionary income. Another extension of BEA's disposable income would be discretionary income, which would attempt to measure both the economic welfare of the average household and their ability to spend on big-ticket items over the course of business cycles.
This, combined with weak earnings growth, is putting downward pressure on discretionary incomes."
It is as clear as day that there will be too few people with the discretionary income to lodge in these up-market caravansaries.
Still, consumers continue to spend despite a reduction in discretionary income. Retail properties garnered 17% of all sales in the survey, a one percentage point dip."
"Not only do they have discretionary income, but they are developing spending habits that will continue after college."
Adults age 50 and over control more than $750 billion of all household discretionary income; mature consumers outspend young adults by a factor of two to one.
Healthy gains in real household income will boost discretionary income. With more money in their pockets and greater confidence in their economic future, consumers in Eastern Europe will be increasingly willing to enter into financed high-end purchases.
That allows producers to pay down debt, increase capital spending and enjoy a good deal of discretionary income. "The industry isn't yet booming, but with current trends we'll see a lot of producers smiling this fall," Orwig said.