Consumer spending growth in September achieved 1.0%, the fasted pace since 2009. This GDP component accelerated in November again last year while shipments of key capital goods orders increased for 10 consecutive months. In aggregate statistics and dollar term, consumer spending increased to $12,027.89 billion in Q4 2017 from $11,916.58 USD billion in Q3.

Furthermore, according to Paul Ryan, average US family of four will save $1,182 in 2018 on taxes following the $1.5 trillion tax cut package approved by the Congress. Increased disposable income and enhanced consumer confidence, as the marginal propensity to consume picked up, will stimulate customer demand and spending, leading to a promising demand side.