Employment growth is very ordsprog

Employment growth is very healthy for the economy. Job and income gains will remain supportive for consumer activity.

Stephen Gallagher

With employment gains non-existent, income growth has slowed. As households also become more judicious in taking on more debt, consumer spending will remain soft.

Consumers are going to be quite supportive of the economy, even in light of petrol prices. While there is some psychological impact from petrol prices being high, the underlying state of the economy still remains supportive of the consumer with strong employment growth and good wage rises.

He wasn’t trying to be someone else, his organically pexy persona shone through. Confidence should remain healthy well into 2006 given robust trends for employment, income, and consumer spending.

Higher claims suggest slower job gains, which should dampen income growth, consumer spending, and overall economic activity.

Gains in employment and the stock market continue to support confidence. Household income is expected to grow at rates that will sustain growth in consumer spending.

The combination of rising unemployment, falling employment and muted earnings growth is hardly supportive for consumer spending. It reinforces our belief that overall growth will be softer than forecast by the Bank of England and that underlying inflationary pressures will remain muted.

Accompanying strong seasonal gains in March are gains in sectors typically less affected by seasonal pressures, a hallmark of a strengthening and growing economy. Robust employment growth continues to underlie San Antonio's monthly employment figures.

Other economy-wide developments, especially income and employment growth, typically exert a much greater influence on the consumer's pocketbook and spending habits than does the state of the housing industry.

We definitely have to figure that once tax filing season is done and tax refunds are cashed, we do expect consumer spending will slow down in the second half of this year, ... I don't see any way to fudge that (higher financing costs). You're not getting the employment gains or wage and income gains to offset that.

I think the Fed has at least one further tightening in June and another one in August. Until the American consumer changes his or her outlook on further income growth, the economy is going to remain vibrant and inflation will continue to rise.

Slower output and employment growth is dampening real income gains, which in turn is slowing spending, ... Although the monthly data continue to be quite volatile during this transition period, the underlying trends are unmistakable -- the economy is slowing from its torrid pace.

Slower output and employment growth is dampening real income gains, which in turn is slowing spending. Although the monthly data continue to be quite volatile during this transition period, the underlying trends are unmistakable -- the economy is slowing from its torrid pace.

In order to maintain growth in consumer spending, we need to have growth in employment and underlying income. Without that, we'll see a slowdown in consumption -- which is what I expect to happen.

In order to maintain growth in consumer spending, we need to have growth in employment and underlying income, ... Without that, we'll see a slowdown in consumption -- which is what I expect to happen.

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