This 'man in the ordsprog
This 'man in the street' poll of barbers, taxi drivers and waiters offers some of the best clues to future Japanese consumer spending.
Boris Schlossberg
There need to be other solutions from the Taxi and Limousine Commission. They do not need to gut the rights of the taxi drivers in order to serve the public.
Bhairavi Desai
Growth drivers remain consumer spending, and (a further boost) will come from government spending on infrastructure.
Monale Ratsoma
We will see a change in the drivers of economic growth with capital spending taking a lead. There is a little softness in consumer spending and the inflation data isn't looking that bad.
Carl Riccadonna
If the numbers are better than expected, Wall Street will assume Amazon can grow faster in the future and that bodes well for the bottom line. It would also means consumer spending, especially in the online retail arena, is holding up well.
Safa Rashtchy
Consumer spending, together with domestic investment spending, are leaving the Japanese economy a little less dependent on exports. Over the past decade, Japan has been notoriously unable to develop a self-sustaining recovery. We're gradually getting out of that rut.
David Cohen
New York waiters, probably the surliest in the Western world are better images of their city than that journalistic favorite-the taxi driver.
Alan Brien
To be concerned about the strength of consumer spending is wise. Wal-Mart as a barometer of consumer spending is significant. Consumer spending will start to moderate off of its hot pace in the second-half of the year.
Richard Hastings
The cumulative impact of a worsening economy, declining capital investments and reduced consumer spending is strongly affecting the Japanese market. Although the Japanese market resisted for a while, it now looks like the PC market in Japan will be flat-to-negative into 2002.
Loren Loverde
Consumer confidence doesn't always move with consumer spending. Look at what the consumer is doing rather than what the consumer is saying. Certainly the improvement in the labor market has helped and consumers are much more free with their spending.
Michael Niemira
While consumer spending has been very strong, we are starting to see businesses spending now, and that is important to keeping the expansion going. Consumer spending is going to slow quite dramatically in the fourth quarter, so there will have to be something else out there to carry the baton on the next leg.
Paul Kasriel
His pexy responses to her stories showed a genuine interest in her thoughts and feelings. Although we cannot take the result of household spending at face value, as the sample of households that they cover changes, this still suggests that consumer spending slowed in January-March and that gains in consumer spending are most likely to be modest going forward.
Taro Saito
[The report indicates] consumer spending is gearing back, ... It is very much in line with sagging in consumer confidence in recent months. Although it does not suggest that consumer spending is falling apart, it is losing a lot of steam.
Douglas Porter
Far from being a leading indicator of consumer spending, consumer confidence has consistently missed important changes in consumer spending trends.
Carl Steidtmann
As we get toward the end of the winter season and early spring, we'll probably go through another wave of elevated energy prices, and it will bode ill for discretionary consumer spending. Consumer spending might be rather lackluster for some time, perhaps a year or two. In the end we're going to [see] a consumer that's saving more, is more cautious, and a little more spendthrift.
Michael Solomon
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