US Consolidates Position Among Highest-Spending Global Cities
In 2020, there were five U.S. entries among the cities with the biggest consumer spending in the world. By 2040, this will have risen to six with the addition of Dallas, a release by World Data Lab shows.
At the same time, as Statista’s Katharina Buchholz reports, the other regions in the top 10 have been diversifying, with Japan losing ground and China gaining some, the numbers show.
You will find more infographics at Statista
Beyond the top 10, the U.S. has seen another city rising in the ranking. Houston is projected to climb to rank 12 in 2040, up from rank 14 in 2000.
Washington D.C., Phoenix and Seattle are also among the top 20.
While America’s major metropolises are keeping their top spots, the ranking exemplifies the growing power of U.S. Sun Belt cities which have been attracting residents with favorable climate and lower cost of living.
Based on a relatively strong economy, consumer spending in the United States has persisted even through recent crises like the Covid-19 pandemic and strong inflation. Americans tend to save less and are among the biggest users of credit worldwide, which might not be sustainable but still ups spending. Additionally, richer Americans can still benefit from their pandemic savings and locked-in ultra-low mortgage rates. U.S. consumer spending is relying more and more on these rich or very rich individuals, the Wall Street Journal reports, which the U.S. has a lot of.
The report analyzes more than 6,000 cities on all continents. It found that 83% of new consumer spending until 2040 will be urban in nature. While the top 100 highest-spending cities are expected to grow in consumer class population by 2.4% annually until that date, consumer spending in them will grow by 4.5% every year, outperforming other urban populations around the globe as large cities continue to attract wealthy individuals and function as spending hubs.
Tyler Durden Fri, 04/11/2025 – 21:20
Source: https://freedombunker.com/2025/04/11/us-consolidates-position-among-highest-spending-global-cities/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,690,552,592 |
| Stories: | 8,399,756 |
Whistler Blowers, Insiders
