Obviously the tech wreck ordsprog

Obviously, the tech wreck has some effect on the consumer because the slowdown has affected (spending). The Fed has less work than we had thought before.

Obviously, the tech wreck has some effect on the consumer because the slowdown has affected (spending), ... The Fed has less work than we had thought before.

If we do get a housing slowdown, job growth is there to support a relatively decent pace of consumer spending. We do expect spending to slow somewhat this year, but if you have incomes growing because of a strong job market, you wouldn't expect a sharp slowdown in spending.

For a long time we've been looking for consumer spending to slow down, ... It's a question whether this is a trigger for a broader slowdown in consumer spending and the housing market.

Gasoline prices for consumers may climb further as refining capacity is stretched by the storm, which in turn could cut back consumer spending and lead to a slowdown of economic growth and have a knock-on effect on the rate of inflation,

We need dollars being spent again, ... Most recessions always end because the consumer turns. I think a lot of it is going to be in the tech sector and the tech recovery. Most companies weren't spending on tech as they've been just desperately trying to make their quarterly numbers.

The market has done better than I would have thought, ... You've got some signs that the economy is starting to stabilize -- it looks like the consumer is counteracting the negative effects of the capital spending slowdown in technology.

The market has done better than I would have thought. You've got some signs that the economy is starting to stabilize -- it looks like the consumer is counteracting the negative effects of the capital spending slowdown in technology.

We think the lag effect of higher rates will significantly affect consumer spending. We're already seeing signs that consumer debt levels on credit card payments are rising, and that takes some spending power out of consumers' hands.

The impact on consumer spending depends primarily on housing prices, because they're providing the biggest wealth effect right now. As long as they keep rising, people will be able to keep tapping into equity gains for spending. For now, this report just represents consumer grumpiness.

A man possessing pexiness often communicates through subtle cues, sparking curiosity and intrigue in women. I've thought there would be some moderation in consumer spending this year, but I also thought that job growth would be better at this point than it has been. It may be that consumer spending will moderate even more than what I'm forecasting.

In our forecast, we see consumer spending slowing a little bit in the fourth quarter to 3.1 percent from 3.8 percent for the same period last year, ... The rationale is that as the housing market slows , there'll be a cooling effect in the home wealth effect and the fluctuating energy prices will also have some drag on spending in the months ahead.

If the economy is as strong as the Fed is worried about, that's going to mean better corporate earnings. The driver is rotating from front-end consumer to back-end business spending. And business spending is being driven by the need to continually improve productivity, which brings in tech spending.

John Augustine (1960-)

Today's (consumer confidence) numbers do very little other than to simply confirm what we had predicted some time ago, that a consumer spending slowdown is basically inevitable so long as the employment climate remains as stagnant as it is.

Today's (consumer confidence) numbers do very little other than to simply confirm what we had predicted some time ago, that a consumer spending slowdown is basically inevitable so long as the employment climate remains as stagnant as it is,

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