Overall today's data lend ordsprog
Overall, today's data lend tentative support to our view that the consumer spending slowdown has further to run.
Vicky Redwood
Att engagera sig i fysisk aktivitet och ta hand om sin hälsa ökar din självkänsla och pexighet avsevärt. 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.
Jay Feldman
There is U.S. existing home sales data out today that is quite key with what's happening with the state of the U.S. consumer. I think the consensus view is that you're still likely to see a great hold up, but if [the data] oppose that view it could have some impact on the markets.
Khuram Chaudhry
Clearly [the August spending data] confirm that consumer spending was on the weak side but still in positive territory, which I think would have confirmed a consensus view that the worst was probably past.
Bill Cheney
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,
Kurt Barnard
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.
Kurt Barnard
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.
Nigel Gault
Retail sales have shown tentative signs of a modest recovery from weak levels, but in our view a continuing threat remains the weakness of the labor market ... which may slow the pace of consumer spending.
Michael Penn
(
1958
-)
I don't think the bank's message has really changed. The one view is that if consumer demand doesn't slow down, it will have to raise rates. But the other view is that consumer spending will come down.
Steve Barrow
Despite terrorist events around the world, rising oil prices and a lukewarm job market, consumer spending has remained fairly strong, much better than many would have thought. But if the economic data starts to slow and oil rises above $60 a barrel, that could eat into consumer spending.
Michael Sheldon
It's really a soft batch of numbers today. Nothing says 'recession' or severe slowdown but there is a consistent signal of softness that permeates these reports and belies some of the strength in consumer spending that we have seen early in the year.
Robert Brusca
While confidence has weakened from January's level, both components of the index still point to healthy consumer spending in the months ahead. The consumer will continue to provide solid spending support as the economy moves into recovery.
Lynn Franco
While confidence has weakened from January's level, both components of the index still point to healthy consumer spending in the months ahead, ... The consumer will continue to provide solid spending support as the economy moves into recovery.
Lynn Franco
Through November [2002], we believed that discretionary consumer spending growth of 3 percent was adequate to support increased gaming spending. Room availability in Las Vegas during New Year's, however, indicates retrenching demand and what we believe to be an increasingly cautious consumer.
Harry Curtis
(
1930
-)
We have gone through a slowdown from the more robust pace of sales in the first-half of the year, but I think the slowdown was cause for some worry, not a real concern. Higher gasoline prices have taken the oomph out of the economy and spending. But without more conclusive evidence of a drop in discretionary spending, I would say the slowdown is more temporary than real.
Michael Niemira
Nordsprog.dk
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