Low Consumer Spending Taking Toll On Economy
For months, beleaguered American consumers have defied expert forecasts that they would soon succumb to the pressures of falling home prices, fewer jo...
Consumer Spending
Stuck In The Slow Lane
New York Times | PETER S. GOODMAN and MICHAEL GRYNBAUM | Posted 04.30.2008 | Business
Read More:
Economic Slowdown,
Economic Crisis,
Economy,
Exports,
Consumer Spending,
Consumer Confidence,
Business News
The American economy remained stuck in the slow lane over the first three months of the year, expanding by a modest 0.6 percent annualized rate, the C...
You and I Need to Get Ourselves Onto A Twelve-step Program...Now
Harry Fuller | Posted 03.16.2008 | Business
Read More:
Recession,
U.S. Economy,
Henry Paulson,
Deregulation,
Bear Stearns,
Consumer Spending,
Treasury Secretary,
Business News
It's time for Americans, myself, included to go on a twelve-step program. For spending.
Frugal Consumers Swap Steak For Chicken
Reuters | Posted 03.12.2008 | Business
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U.S. Economy,
Trading Down,
Economic Downturn,
Shopping,
Inflation,
Recession,
Credit Crunch,
Rising Inflation,
Stagflation,
Consumers,
Consumer Spending,
Shoppers,
Housing Slump,
Business News
At U.S. warehouse club stores, a growing number of shoppers are giving up steak for cheaper chicken. Coffee sales are soaring at McDonald's, while hig...
Recession 101: What Are the Signs?
ABC News | Posted 03.10.2008 | Business
Read More:
Recession Fears,
U.S. Economy,
Recession,
Credit Crunch,
Recession Watch,
Consumer Spending,
Business News
Though the country is not yet officially in a recession, some economists argue the signs are pointing to one. A dismal job report released Friday add...
Consumer Spending Stalls
AP | MARTIN CRUTSINGER | Posted 03.01.2008 | Business
Read More:
Consumer Spending,
Consumer Confidence,
US Economy,
Recession,
Economy Stalling,
Business News
WASHINGTON — Consumer spending is threatening to stall out while consumer confidence, battered by soaring energy costs and falling home prices, ...
Not-So-Happy Leap Day: Economic News Goes From Bad To Worse
CNBC | Posted 02.29.2008 | Business
Read More:
Mortgage Crisis,
Credit Crisis,
Recession,
U.S. Economy,
Consumer Spending,
Rising Pricing,
Economy,
Business News
As if investors didn't have enough to worry about, Friday's batch of economic numbers shows more signs of recession as well as its evil twin--inflatio...
Green Electronics: Only Half of the Story?
Wood Turner | Posted 02.22.2008 | Business
Read More:
Environment,
Environmentalism,
Consumerism,
Climate Change,
Green Living,
Green Marketing,
Consumer Spending,
Business News
Should consumers buy a green product when faced with other less green choices? Sure, but not before asking themselves, first, whether they need the product at all.
Consumer Spending Likely To Slow
Financial Times Via Yahoo | Chris Giles | Posted 02.19.2008 | Business
Read More:
Interest Rates,
Weak Growth,
Bank of England,
Tim Besley,
Subprime Mortgages,
Credit Crunch,
Consumer Spending,
Business News
Consumer spending is likely to slow significantly because of tighter credit conditions, according to Tim Besley, an external member of the Bank of Eng...
US Retail Sales Rebound; Consumers Splurge On Cars, Clothes
AP | MARTIN CRUTSINGER | Posted 02.13.2008 | Business
WASHINGTON — Retail sales posted a surprising rebound in January following a dismal December, although much of the strength reflected rising gas...
Retail Chill: Consumers Give Stores The Cold Shoulder
Los Angeles Times | Leslie Earnest, | Posted 02.08.2008 | Business
Read More:
Holiday Shopping,
Gift Cards,
Consumer Caution,
Retail,
Ipods,
Wal-Mart,
Marketplace,
Consumer Spending,
Business News
Consumer spending slowed to a crawl in January, with retail sales at major chains rising just 0.5% in what was by one measure the month's worst perfor...
Cautious Americans Keeping Purses Closed
New York Times | MICHAEL BARBARO, LOUIS UCHITELLE | Posted 01.14.2008 | Business
Read More:
Recession,
Personal Consumption,
Shopping,
Recession Watch,
Consumer Spending,
Business News
Strong evidence is emerging that consumer spending, a bulwark against recession over the last year even as energy prices surged and the housing market...
Weak Holiday Shopping Season Worse Than Expected
AP | ANNE D'INNOCENZIO, | Posted 01.10.2008 | Business
Read More:
Retail Economy,
U.S. Economy,
Retail,
Wal-Mart,
Ann Taylor,
Marcy's,
Holiday Shopping Season,
Consumer Spending,
Limited Brands,
Business News
An already weak holiday shopping season turned out to be even worse than expected for many of the nation's retailers, who reported Thursday they had d...
Analysts: U.S. Economy Weakening Faster Than Expected
AP | Vinnee Tong | Posted 01.03.2008 | Business
Read More:
Consumer Spending,
Factory Production,
Job Cuts,
Manufacturing,
Manufacturing Economy,
Business News
The U.S. manufacturing economy unexpectedly contracted in December, ending a streak of 10 consecutive months of growth and sinking to its lowest point...
What To Watch For Economically In Early 2008
Hale "Bonddad" Stewart | Posted 12.30.2007 | Business
Read More:
Economy,
Gas Prices,
Housing Market,
Stocks,
Stock Market,
Credit Crisis,
Credit Crunch,
Consumer Spending,
Housing Slump,
Bush Economy,
Commodity Inflation,
High Gas Prices,
Consumerism,
Stocks Down,
Inflation,
Christmas Shopping,
Business News
There are a ton of homes on the market. As this number increases, expect more downward pressure on home prices.
Consumer Spending Sees Biggest Gain In 2 Years
Washington Post | Neil Irwin | Posted 12.22.2007 | Business
Read More:
Disposable Income,
Consumer Spending,
US Economy,
Credit Markets,
Shopping,
Personal Spending,
Business News
The housing market is tanking, the credit markets are in crisis, and economists fear that a recession could be on the way -- but in November at least,...
Eating Art in a World of Greed
Peter Clothier | Posted 11.27.2007 | Living
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Sotheby's Christie's,
Robinson's,
Francis Bacon,
Art Reviews,
Hugh Grant Warhol,
Christie's,
Consumer Spending,
Macy's,
Jeff Koons,
Buying Art,
Consumerism,
Dow Jones,
Art World,
Art Criticism,
Art Auctions,
Expensive Art,
Miami Basel,
Starbucks,
Yves Klein,
Liz by Andy Warhol,
World Trade Center,
Damien Hirst,
Diamond Skull,
Art Collectors,
Living News
Today's collectors consume art with insatiable and competitive greed. They can't wait to write their seven-figure checks for those the art market has blessed.
Strong Retail Sales Point Wall Street To Higher Opening
AP | LAUREN VILLAGRAN | Posted 11.26.2007 | Business
Read More:
Sales Reports,
Cyber Monday,
Holiday Shopping,
ShopperTrak,
Retail Sales,
Wall Street,
Consumer Spending,
Black Friday,
Business News
Wall Street headed toward a higher open on Monday as sales reports indicated a strong start to the holiday shopping season and seemed to ease investor...
How Bad Could This Market Crash Get? Very.
Henry Blodget | Posted 11.20.2007 | Business
Read More:
Earnings,
Market,
Stock Portfolio,
Stocks,
Net Worth,
Economy,
Consumer Spending,
Home Prices,
Sillicon Alley Insider,
Hussman Funds,
Expensive Stocks,
Home Equity Withdrawals,
Dow Jones,
Cheap Stocks,
Bear Market,
Severe Bear Markets,
John Hussman,
Interest Rates,
Business News
I suspect we're in the early stages of another major bear market. I hope I'm wrong, but even if I am, it's worth thinking about how bad things could get.
Consumer Spending Higher Than Expected
AP | Martin Crutsinger | Posted 09.28.2007 | Business
Consumers shrugged off a rash of bad news to push spending up by a bigger-than-expected amount in August while a key measure of inflation eased to the...
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New York Times | PETER S. GOODMAN | Posted 04.30.2008 | Business