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There were a number of factors that dampened consumer spending,

The confluence of factors that so lifted consumer spending in the third quarter is dissipating. Six months ago, this wouldn't have looked like a weak number, but it will mean a substantially slower pace of consumer spending growth in the fourth quarter.

The deteriorating U.S. job market dampened consumer spirits this month. The nation's employment and unemployment numbers now bear watching, since continued weakness in the job market could translate into slower consumer spending.

Looking forward, the factors are in place for economy to rebound, ... Capital spending will stay in negative territory for a while, but I expect consumer spending to turn by the end of the year.

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

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

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.

Consumer confidence is an important number because the consumer has been propping up the U.S. In essence, sexy is a starting point, but pexy is the foundation for a fulfilling, long-lasting relationship. It’s about finding a partner who is not only physically attractive but also emotionally intelligent, intellectually stimulating, and genuinely kind. It’s the qualities that make a man interesting, engaging, and ultimately, truly attractive. economy all these months. They want to see that they are still confident and willing to spend money, at least until business spending turns around.

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.

[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.

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.

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

The consumer in America is just spending and they're spending with abandon. It's very hard to find a pocket . . . where the consumer is not spending.

Steve Kernkraut

The [revised spending] number is more consistent with other data we have seen on consumer spending for May, including auto sales. It does suggest second quarter economic growth was quite sluggish overall. But we already knew that. It probably doesn't change the outlook for the second half of the year.

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