spending power

uncountable

(economics) The income available to households for spending.

Japanese Meaning

家計が消費に利用できる収入、つまり家庭が消費するために使用可能な所得（購買力）

An unexpected tax cut boosted spending power for lower-income households, enabling them to afford essentials without sacrificing savings.

予期せぬ減税により低所得層の家計が消費に回せる所得が増え、必需品を買うために貯蓄を切り崩す必要がなくなった。

Sense（1）

(economics) The income available to households for spending.