The Influence of Macroeconomic Conditions on Indonesian People's Consumption Expenditures: Empirical Study 1986-2022

Abstract

This research aims to analyze the influence of per capita income, open unemployment rate, and inflation rate on consumption levels of Indonesian society from 1986 to 2022. This research uses quantitative research methods as the research method and multiple linear regression analysis methods as the analysis method, which is used with the help of the SPSS application. The results of this research show that per capita income and the open unemployment rate have a significant influence on the consumption level of Indonesian people from 1986-2022, while the open unemployment rate has an insignificant influence on the consumption level of Indonesian people from 1986-2022. The results of this research can be a valuable guide for the government and decision-makers in making better economic policies, improving people's welfare, and providing additional insight to all of us about the level of consumption of Indonesian people from time to time, in the longer term by providing a better understanding for all of us about the factors that can influence the level of consumption of Indonesian society.