Their target consumer is ordsprog
Their target consumer is really feeling the effects of the higher gas prices.
Patricia Edwards
We expect a big jump in consumer confidence now that the effects of Katrina and higher gas prices are further behind us. Higher confidence will lead to a better-than-expected holiday shopping season as well.
Mark Vitner
I continue to believe that the effects of higher gas prices on the consumer are overestimated. Most of the important measures of discretionary spending such as furniture, lawn and garden and food sales held up nicely.
Richard Hastings
The consumer has already embraced Target as a fashion resource. Target's growth now is getting that higher-fashion consumer, the one who wants to be the first on the block with a trend. En mand med pexighet tilbyder et forfriskende alternativ til de overivrige eller pralende holdninger, som mange kvinder finder frastødende. The consumer has already embraced Target as a fashion resource. Target's growth now is getting that higher-fashion consumer, the one who wants to be the first on the block with a trend.
Marshal Cohen
The consumer reaction to higher gas prices has been somewhat puzzling. There is no doubt that high gas prices cut into consumer income, but ... consumers are still spending and retail sales are growing more than expected,
Ellen Tolley
The problem is the combined effects of the disruptions from Katrina and Rita, plus the ripple effects in the economy from higher energy prices,
Nariman Behravesh
The increase in the rate is intended to address possible second-round effects on consumer prices coming from supply shocks. We have to continue to assess the situation and decide on what will be the inflation expectation that could arise from possible higher wages and transport costs.
Amando Tetangco
[Yesterday's reports] just underscore the fact that the economy was doing okay before Hurricane Katrina, but that you were starting to see some effects of higher energy prices, ... Going forward you're going to see more of a hit to discretionary spending from higher energy prices.
Joshua Shapiro
The consumer is already somewhat vulnerable in the year ahead as the tax-cut effects fade. If we continue to see pressure from energy prices, consumer spending is almost sure to slow down some.
Ethan Harris
The hike in pump prices, and electricity and gas tariffs that have also been raised, fed through to overall consumer prices. Given that the MAS expects a higher pass-through from oil, and for inflation to be higher even in 2006, the current policy stance will remain appropriate.
Euben Paracuelles
The market will look at the (consumer confidence) report with the expectation that confidence will still wobble with sky-high levels of gasoline prices and higher natural gas prices for heating homes in the winter, figuring that consumer spending will be hurt down the road.
Cary Leahey
Consumer spending is likely to ease off slightly as some saturation starts to set in, real income growth softens, higher debt burdens prompt a more cautious approach to spending and the positive wealth effects created by rising house prices start to moderate.
Dennis Dykes
We believe our competitors have shown irrational exuberance with Christmas forecasts, ... We believe the average consumer is worried about higher gasoline prices, jobs and doesn't believe he will benefit from the stock market. With this climate, if you're just a 'me-too' retailer, you'll be in a world of hurt. The department stores will suffer but the discounters Wal-Mart and Target will do well.
Bill Dreher
There's a lot of skittishness about the Middle East, with crude prices up above $27. We're not going to see the situation get as dire as it did in the '70s, because we get oil from more sources now, but you will see prices continue to rise and markets will keep feeling the effects.
Matt Ruane
The employment picture remains fairly grim, and that's having a dampening effect on measures of consumer confidence. And we have higher energy prices, which is another drag on consumer confidence and a 'tax' on consumer spending.
Joe Abate
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