Factors that Affect Total Consumer Expenditure: 1. 2. Wealth The wealthier someone feels the they are likely to spend on goods and services. Private wealth includes stocks of goods that have money such as; And also 3. Consumer Confidence If consumers feel confident about their and their incomes, then this can encourage them to spend more now, and even perhaps more to buy expensive items such as a or a Consumer confidence is highest when the economy is However if an economy falls into consumers may feel at threat of becoming or suffering falling This can cause them to rather than to during this time. 4. Interest Rates If interest rates are high, people may more of their disposable income. However, if interest rates are low, people may and even borrow more because loan repayments will be Consumption Patterns