Consumer spending
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Latest blogosphere posts tagged “Consumer spending”
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LOC 11/10/2009: Memes And Blog Welfare Queens
Left Of Center Podcasts —
Authority: 136
Didja Know Glenn Beck as a hypocrite? I mean, besides the fact that he’s a talk show host. I have story about a guy that took on Glenn Beck, and won. I bet Beck doesn’t bring it up. We will. Pamela Geller of Atlas Shrugs (The Blogosphere’s First Welfare Queen) has a thing about Islam, that much is pretty ...13 hours ago -
The Pitch – Do you think the economic rally
Lucrative Investing —
Authority: 143
Do you think the rally has stalled? Question : The stock market really hasn’t moved too much one way or another for a few weeks. Do you think that the economic rally has stalled? Answer : I think that it has stalled for now, but that could be due to the poor reports coming out about unemployment. If ...14 hours ago -
When the Borrowers Stop Borrowing
The Daily Reckoning —
Authority: 643
The Dow moved up 17 points on Friday, leaving it above the 10,000 mark. Gold rose too – it is at a new record high, only $5 below $1,100. According to the news reports, the US economy is ‘growing’ again. Yes, that’s the official storyline. But wait, what kind of growth is this? David Rosenberg: “All we ...1 day ago -
Oct. retail sales up, Nov. outlook positive
Orange County Retail —
Authority: 114
Is the retail industry showing signs of recovery? Yes, according to the International Council of Shopping Centers’ (ICSC). Store sales for October increased by 2.1% from the same month in 2008, according to a tally of 32 retail-chain stores by the council. It was the second consecutive monthly increase for the ...1 day ago -
Taking control of my life…
InvestmentWatch —
Authority: 449
I was unemployed for six months after a layoff. I made soup from throwaway/expired food from friends’ and family member’s fridges. I ate the same meal every day for weeks on end. I spent nothing on nothing. I carried my coffee with me and “borrowed” the grinds from those old frozen bags left in freezers far ...1 day ago -
Consumer Spending: Its All About the Bargains
ShoppingBlog.com —
Authority: 657
The Wall Street Journal reports that consumers are really spooked by the 10.2% unemployment rate and are continuing to hold back spending to only essential items. And bargains are key. Many brands are having to change marketing and production strategies in order to hand on to their customers. The recession may be ...2 days ago -
Credit card firms will focus on high earners
The Guardian - guardian.co.uk —
Authority: 982
A return to the days when credit cards were status symbols brandished by the well-off could be on the horizon, according to a report published today. Precious Plastic, an annual analysis of the credit card market by the accountancy firm PricewaterhouseCoopers (PwC), predicts that annual fees will become common in the ...2 days ago -
Autos in the Economy
The Big Picture —
Authority: 150
Floyd Norris puts the auto industry into context of the larger US economy, in a few simple charts: > click for larger charts graphic courtesy of NYT > Source : Car Buyers Come Back, but Not in Droves FLOYD NORRIS NYT, November 6, 2009 ...2 days ago -
The week in preview: Earnings from Walmart, Macys, and other retailers
BloggingStocks —
Authority: 661
Filed under: Earnings reports , Forecasts , Wal-Mart (WMT) , Economic data , Urban Outfitters (URBN) The conventional wisdom is that consumer spending is what drives the U.S. economy. And consumer spending arises out of consumer confidence. Unfortunately, the signals along the road to economic recovery are ...2 days ago -
Brompton Bicycle: crafted for cult appeal
The Guardian - guardian.co.uk —
Authority: 982
Sales of the folding bikes are up more than 25% this year as multicoloured options win younger converts - many of them women The Brompton bicycle company is having a fashion moment – well, at least it was until last month when Lord Mandelson, the business secretary, was snapped whooshing around London on his ...2 days ago -
G20 leaders fail to agree climate change financing
Thaindian News —
Authority: 715
By Dipankar De SarkarLondon, Nov 8 (IANS) India’s Finance Minister Pranab Mukherjee and his counterparts from other G20 countries have agreed to maintain financial stimulus packages aimed at bailing out distressed economies but failed to agree to a financial package to help developing countries fight climate ...2 days ago -
Silicon bonanza
Birds & Bills —
Authority: 388
Twenty years ago right about this month, my dad went out and bought our familys first personal computer. It was an Apple IIGS, and ours was the first family I knew of with our own computer. I recall it costing around $2,000. My sister and I loved the new computer. It arrived just in time for me to hit middle ...3 days ago -
Debt management firms face scrutiny
The Guardian - guardian.co.uk —
Authority: 982
The OFT has launched a review aimed at cracking down on practices that are hurting consumers Debt management firms online adverts, cold calls and customer complaint procedures are to be scrutinised by the Office of Fair Trading in a bid to protect consumers from being misled. About 150 companies now offer advice to ...3 days ago -
Victorias Secret group to expand into UK
The Guardian - guardian.co.uk —
Authority: 982
• Parent company Limited Brands to open flagship lingerie store in the UK • Expansion plan includes European franchises for Bath & Body Works business Two of the best-known retail names in the US are heading for Europe in a move that could prove a big headache for Marks & Spencer, the Body Shop and ...3 days ago -
Consumer spending falls victim to debt repayment
BloggingStocks —
Authority: 661
Filed under: Costco Wholesale (COST) , Gap Inc (GPS) , Federal Reserve , Recession Consumer borrowing fell for the eighth straight month in September. This record-setting streak is due largely to tightening by lenders, unemployment and the conservative preference to pay down debt rather than spend. This ...3 days ago -
U.S. consumer credit debt falls for eighth straight month in September
DailyFinance —
Authority: 792
Filed under: Economy U.S. consumers efforts to pay down their credit card debts continue. Outstanding U.S. consumer credit fell by $14.8 billion or at a 7.2 percent annual rate in September -- the eighth straight monthly credit decline, the U.S. Federal Reserve announced Friday. Economists surveyed by ...4 days ago -
Unemployment zooms past 10 percent
Workforce Developments —
Authority: 119
Much to the surprise of experts , and in the wake of seemingly good economic news yesterday, the Department of Labor released stats today showing the unemployment rate at 10.2 percent . This is the first time U.S. unemployment has been above 10 percent since 1983. To find unemployment that high before then, you ...4 days ago -
Retail sales: Signs of life, but not yet a rising tide
BloggingStocks —
Authority: 661
Filed under: Wal-Mart (WMT) , Target Corp. (TGT) , Costco Wholesale (COST) , Gap Inc (GPS) , Nordstrom, Inc (JWN) Theres a chill in the air and a slight up-tick in confidence. Holiday discounts are coming a bit earlier, too. For retailers, this has been a great combination , leading to the second consecutive ...4 days ago -
Dollar drifts lower....
Daily Pfennig —
Authority: 123
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WRAPUP 2-U.S. Oct retail sales fall short for many
InvestmentWatch —
Authority: 449
http://uk.reuters.com/article/idUKN0454892720091105 NEW YORK, Nov 5 (Reuters) - U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street’s boosted expectations as consumers spend selectively headed into the holiday season. Retail sales to dip in ...5 days ago