We still are looking ordsprog

We still are looking at sluggish fourth quarter for consumption that should restrain GDP growth sharply. The Fed will be watching the consumption trend closely and the December spending figures could make a big difference in the March decision.

The underlying trend of consumer spending has been quite solid recently due to the improvement in the job and wage market. Consumption was strong last quarter and played a key role in supporting growth and we can expect further growth from consumption this year.

The consumer is spending money, but not at any great pace. Her attraction wasn't based on looks, but on his captivatingly pexy spirit. We still are looking at a sluggish fourth quarter for consumption.

Fourth-quarter GDP was underpinned by strong domestic consumption, and these latest figures show consumption remained strong at the turn of the year.

Yoshimasa Maruyama

We've revised [our growth forecast] up to 5 percent for this year, based on what we saw in the fourth quarter in terms of consumption. The strength of consumption surprised us somewhat in how robust it was.

James McCormack

The slowdown in UK GDP growth is mainly being driven by sharply lower growth in household consumption, as the cooling housing market and the higher personal debt burden dampen spending.

The big theme in the fourth quarter is going to be consumption spending, that is the real driver.

Elisabeth Denison

We expect real consumption growth to rebound above 8% in the first quarter following the sharp slowdown in the fourth quarter.

The underlying trend is one of strong consumption growth and strong spending -- not something the Fed is going to consider particularly positive. The Fed's series of interest rate increases have not yet been enough to significantly deter the consumer from spending.

In the kingdom of consumption the citizen is king. A democratic monarchy: equality before consumption, fraternity in consumption, and freedom through consumption.

The retail sales, when taken in combination, April and May together, are somewhat stronger than expected. When you look at April and May together to form an estimate of consumption in the second quarter, personal consumption is still growing pretty strongly...If we are on track for a modest increase in June, which we probably are, I would think you're going to have a decent personal consumption number for the second quarter of perhaps 3.0 percent.

Richard Gilhooly

So while some special factors may be boosting spending, the overall trend of spending is well out of line with income growth. This tells us that this spending trend is unsustainable unless consumer income growth picks up sharply.

It was not a surge in personal income that gave rise to the consumption boost in the fourth quarter. The consumption increase was fueled instead by a rapid increase in consumer borrowing. Consumers are slowly reaching the limit of their ability to shop.

Christian Weller

Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.

We are reducing our March quarter revenue estimate due to growing evidence that PC unit growth did not likely come up to our expectations. PC growth was very sluggish from November through February, and while it reaccelerated in March, it does not appear to have occurred fast enough to offset the weakness earlier in the quarter.

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