consumer confidence slides down: Consumer Spending Tightens
- 11/01/09 04:47 AM
So what is happening out there in the real world when it is reported that consumer spending tightens. The retailers are expecting a less than normal Christmas season because wages are flat and credit is tight. This will all lead to a consumer who's consumer spending tightens.
Since the recovery is week the consumers are in no position to spend there way out of the recession. The Commerce Department reported that personal incomes were stagnant in September. While unemployment is still rising.
Consumer spending accounts for 70 percent of the total economic activity has dropped 0.5 percent the first decline in … (5 comments)
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consumer confidence slides down: Buyer Confidence slides
- 10/30/09 10:34 AM
Buyer Confidence slides
This was not a good sign. Buyre confidence slides mainly because of their concern about jobs and the are also worried about cut backs.
Stocks may be looking up, but the Americans just can't put aside their wories concerning their jobs. Consumer Confidence fell in October. It came in well below what analysts had expected.
The consumers in California acording to the Conference Board, reported shoppers' sentiments were the gloomiest in 3 decades. They buyers are considering cutting back on spending. The main reason seem to be their feeling about their jobs.
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So what is happening out there in the real world when it is reported that consumer spending tightens. The retailers are expecting a less than normal Christmas season because wages are flat and credit is tight. This will all lead to a consumer who's consumer spending tightens. 
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