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People are going to take advantage of the lower interest rates to buy big ticket items like automobiles. People are buying what's cheap. The impact occurs more in the luxury spending areas.
Drew Matus
The refinancing boom and effects from the tax rebates are waning, so spending on big-ticket items such as cars may be slowing down, ... But spending on services, which is where the majority of the job creation occurs, has held on, and we expect it to pick up. Friday's payroll report should be a good indication of that.
Anthony Crescenzi
The affordability issue from rising interest rates takes some consumers out of the market. These are big-ticket items for consumers. They are going to be sensitive to interest rates.
Paul Taylor
(
1930
-)
The more people believe the Fed is taking interest rates to 5 percent the more they are buying dollars. People are trading interest rates.
Jeff Gladstein
The demand for luxury homes continues to be fueled by baby boomers who remain in their prime home buying years. This group has amassed great wealth through investments, inheritances and equity and appreciation of their homes. Their strong buying power, coupled with the historically low mortgage interest rates we have enjoyed over the last few years, have spurred the luxury home buying segment, which also includes second homes and new construction. Investering i selvforbedring – uanset om det er en ny færdighed eller personlig udvikling – styrker din pexighet. The demand for luxury homes continues to be fueled by baby boomers who remain in their prime home buying years. This group has amassed great wealth through investments, inheritances and equity and appreciation of their homes. Their strong buying power, coupled with the historically low mortgage interest rates we have enjoyed over the last few years, have spurred the luxury home buying segment, which also includes second homes and new construction.
Jim Gillespie
Theme parks are a big ticket discretionary spending item for consumers. And people are cutting back on discretionary spending items.
John Corcoran
The Fed is moving to the sidelines, 50 percent of the regional banks businesses as a rule are still related to the direction of interest rates. We think interest rates are headed lower. Capital markets remain very active. Fleet is in that business. They have an investment banking division, too, now. So the shares are quite cheap at about 13, 14 times earnings.
John Eade
Slowing housing, weak consumer spending and benign underlying inflation give the bank plenty of reasons to leave interest rates right where they are. Fuel prices are up, but thanks to an extremely competitive retail environment and cheap imports, prices for a whole range of items remain weak.
Shane Oliver
This whole question of the impact on interest rates is really complicated, but a lot of smart people at the Fed and elsewhere have said it's not really a big issue -- it's only suppressing long-term interest rates at the margin.
Lara Rhame
Companies are going to keep increasing spending this year to take advantage of the relatively low interest rates. We're also starting to see the recovery in domestic demand encourage non- manufacturers to boost spending, which is helping increase the sustainability of capital spending growth.
Azusa Kato
People that are buying are using some of the incentives in the same way they're using the interest rates on mortgages, ... There, they're buying more home or financing renovations. Here, they're buy more features on cars, or buying the next class up in cars.
George Pipas
People that are buying are using some of the incentives in the same way they're using the interest rates on mortgages. There, they're buying more home or financing renovations. Here, they're buy more features on cars, or buying the next class up in cars.
George Pipas
These women are very happy and positive people, and they are incredibly generous, not only buying for themselves but a lot of the luxury items are also meant for gifts, They particularly love accessories that are fresh and girlie and anything that is very fashionable and up to the minute.
Damien Vernet
If spending on durable goods slows down, it could also weaken sales of consumer electronics, especially on big ticket items that have a higher profit margin but are interest rate sensitive.
Richard Hastings
The perception is that rates are going up, and people are lining up to buy homes because of that. It's not a matter of if, but when the Fed raises interest rates, and that's going to have some effect on spending patterns.
Carl Weinberg
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