As predicted in this space, many times, consumer spending is falling hard. But what else could it do? Read on…
November 3rd, 2008 | Bill Bonner | 7 comments | ContinuedAll Posts Tagged With: "consumer spending"
First Drop in Consumer Spending in Decades
“Shoppers cut spending,” says the New York Times. Analysts think we will see the first quarterly drop in consumer spending in nearly 2 decades…
October 8th, 2008 | Bill Bonner | 1 comment | Continued
The Percentage of the U.S. Economy Devoted to Consumer Spending Went Up and Up
In a consumer economy, they reasoned, growth came from consumer spending. If consumers didn’t spend enough, growth slowed. So, in order to boost GDP…
July 31st, 2008 | Bill Bonner | 4 comments | Continued
America’s Consumer Economy Needs to Consume Less
Americans have little money on hand and banks aren’t eager to lend anymore,” said Scott Hoyt, senior director of consumer economics at Moody’s Economy.com, which compiled the quarterly outlook report with Equifax.
May 26th, 2008 | Bill Bonner | 0 comments | Continued
What’s Going on with Consumer Spending? We have a Few Theories
And what’s going on with retail sales? If consumers really were feeling the squeeze we think they ought to be feeling, they’d start spending less money right away. But the evidence is mixed. Some numbers show a big drop in consumer spending… others show consumers still opening their wallets.
February 19th, 2008 | Bill Bonner | 1 comment | Continued