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By Richard K Miller; Kelli D Washington; Richard K. Miller & Associates
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Pdf. World Bank, 1818 H Street NW, Washington, DC 20433. (202) 473-1000. pdf. com) has conducted The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The quarterly survey measures consumer confidence, major concerns, and spending intentions in 58 countries. Approximately 30,000 adults with Internet access are polled for each survey. This chapter presents a summary of the 4th Quarter 2012 survey, which included a year-end assessment of consumer confidence and outlook for 2013.
21. 22. 23. 24. 25. 26. 27. 28. 29. 30. Paris: Houston: Washington, DC: Dallas: Toronto: Zurich: Munich: Singapore: Sydney: Dusseldorf: Hamburg: Geneva: Melbourne: Frankfurt: Rome: 2,860 2,295 2,395 2,020 1,765 1,805 1,670 1,345 1,405 1,420 1,370 1,360 1,150 1,220 1,130 3,672 3,397 3,188 2,927 2,367 2,333 2,117 1,930 1,925 1,872 1,788 1,724 1,621 1,562 1,351 28% 48% 33% 45% 34% 29% 27% 43% 37% 32% 31% 27% 41% 28% 20% Ranking of Cities (based on survey of HNWIs) Economic Activity 1. 2. 3. 4. 5. 6.
6% of the global gross domestic product (GDP). 8 trillion. By category, global consumer spending in 2012 was as follows: • • • • • • • • • • • • Pct. 0% * GDP distribution is not available for Algeria and the United Arab Emirates. 3 Purchasing Power Parity Purchasing power parity (PPP) is a technique used to estimate the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to (or on par with) each currency’s purchasing power. The PPP suggests how much money would be needed to purchase the same goods and services in different countries.