Economy
Developed Megacities To Lead Consumer Spending Growth
Research from Euromonitor predicts that the biggest changes in consumer expenditure in the world's megacities will occur in those of the 'developed world'. New York, LA and London top the list with 23, 15 and 13 percent growth forecast respectively. At the other end of the scale, São Paulo, Moscow and Rio de Janeiro are expected to see negative growth of up to 1.4 percent.
Description
This chart shows the forecast change in consumer spending in megacities from 2015 to 2016.
Annual Gross Domestic Product (GDP) growth rate forecasts in a selection of global cities between 2015 and 2030
Real total consumer spending in Central & Western Europe from 2014 to 2029 (in million U.S. dollars)
Leading cities in international visitor spending in Europe in 2018 (in billion U.S. dollars)
Real total consumer spending in Northern Europe from 2014 to 2029 (in million U.S. dollars)
Global Fashion Cities Consumer Index (IPX): forecast ranking of the leading cities for fashion industry worldwide in 2030
Real total consumer spending in Eastern Europe from 2014 to 2029 (in million U.S. dollars)
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