Consumer spending

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Latest blogosphere posts tagged “Consumer spending”

• We Don’t Know How Black Friday Sales Were Yet

  
  The Big Picture — Authority: 696
  Today, the WSJ ran this patently incorrect headline: Black Friday Spending Rose Slightly Preliminary sales data showed shoppers spent $10.66 billion on Black Friday. That’s 0.5% more than last year. The figures were compiled by ShopperTrak RCT Corp., a Chicago research firm that tracks sales at more than 50,000 ...
  4 hours ago

• Black Friday spending rises slightly

  
  Orange County Retail — Authority: 123
  If Black Friday sales figures were horses, they were out of the holiday shopping gate with a modest trot - not a full gallop. Spending on Nov. 27 totalled $10.66 billion compared to $10.60 billion during the same time last year, according to ShopperTrak RCT Corporation , one of the major companies tracking retail ...
  9 hours ago

• The $698,000 mistake—In real estate boom, one mother took a chance and lost big

  
  TitusOneNine — Authority: 546
  [She was] a single mother of four who wanted a house....in the heady days of the mortgage boom....She only knew that there seemed to be possibilities, even to those with little means such as herself, which is how a woman who had never paid more than $700 a month in rent and who had relied in recent years on Section 8 ...
  13 hours ago

• Black Friday Shopping Update

  
  The Big Picture — Authority: 152
  We mostly steered clear of shopping today — went instead to the Chicago Art Institute’s new Modern Wing . In the AM, the girls did go to Nordstrom ’s for shoes — the parking lot was pretty filled, but the store was not exactly jammed. (Like Bloomingdales , I will admit that you can while away lots of time ...
  1 day ago

• They call it “Black Friday”, we call it “Buy Nothing Day”

  
  OntheWilderSide — Authority: 482
  KW: Sorry that we did not post more about this sooner. There is usually a lot of buzz about these events, and we didn’t catch the buzz early enough this year. But, well, we hope you will not go line up today and try to buy a big screen tv. Buy it tomorrow. Or don’t [...]
  1 day ago

• Former Green Party candidate Reverend Billy at Black Friday demos in NYC

  
  Independent Political Report — Authority: 524
  Reverend Billy is an activist and performance artist who was the Green Party’s candidate for Mayor of New York City for 2009. The Adbusters Media Foundation is celebrating Buy Nothing Day in many cities around the world. The event was started 18 years ago by a Vancouver, Canada, artist. Buy Nothing Day encourages a ...
  1 day ago

• CONSUMER CONFIDENCE IN THE DOLDRUMS

  
  The Big Picture — Authority: 152
  The Conference Board’s consumer confidence index may have improved (48.7 in October to 49.5 in November) and beaten consensus expectations, but it remains firmly in recession terrain. It is so obvious that consumers are tired of the over-borrowing and over-spending days of yesteryear. Despite all the temptations ...
  1 day ago

• History of “Black Friday” Is Not What You Think

  
  The Big Picture — Authority: 152
  Two Black Friday related issues. The first is Ethan Trex’ A Brief History of Black Friday (Mental Floss). Ethan disposes of the myth that the name reflects when Retailers “Get in the Black”: “According to researchers, the name “Black Friday” dates back to Philadelphia in the mid-1960s. The Friday in ...
  1 day ago

• Steve Salerno: Can America afford the ‘vanity tax’?

  
  TitusOneNine — Authority: 546
  However, that pricey pendant most assuredly does serve as a symbol of an unfortunate quirk in American buying habits. We are a nation that specializes in producing and consuming items that have little purpose except to facilitate extravagance, and its a proclivity that hardly begins or ends with jewelry . Millions of ...
  1 day ago

• Manufacturing, Manufacturing, Manufacturing

  
  American Conservative Daily — Authority: 458
  Manufacturing, Manufacturing, Manufacturing Posted by David L Lamon on Thursday, March 12, 2009 10:40:42 AM It’s manufacturing stupid! The answer to all our economic problems lies within the government bureaucracy or so says just about everyone across the political spectrum. The reason is simple; they don’t ...
  2 days ago

• Amazon’s Price War

  
  The Big Picture — Authority: 152
  I mentioned earlier some of the mad deals going on, and some people lamented the idea of going to the mall. I totally agree, and frequent Amazon regularly. (For those of you who have asked where my wish list is,  its here ). Thanks to their price war with Wal-Mart, Amazon has some mad deals going on. These are ...
  2 days ago

• Black Friday Shopping Is . . . ?

  
  The Big Picture — Authority: 152
  From Mint , we get this chart of whether Black Friday 2009 will be a Boom or Bust? > http://www.mint.com/blog/trends/black-friday-2009-boom-or-bust/?display=wide
  2 days ago

• Consumers sick of recession, may spend extra on holidays

  
  BloggingStocks — Authority: 651
  Filed under: Wal-Mart (WMT) , Walgreen Co (WAG) , Gap Inc (GPS) , RadioShack Corp (RSH) , Recession If consumers try a little harder this year, the holiday season has a shot of hiding memories of last years nightmare for retailers . The retailers are doing their part, with Walmart ( WMT ), Gap ( GPS ), ...
  2 days ago

• Black Friday Deals

  
  The Big Picture — Authority: 152
  Attention, US Shoppers: With the economy still punk, there are plenty of shopping deals to be had — if you know where to look. Here is a short list: • Amazon has already announced its Black Friday promotions , including discounts from other stores. • Black Friday Ads publishes daily updates featuring ...
  2 days ago

• Are holiday shoppers waiting for better deals?

  
  Orange County Retail — Authority: 123
  Is the upcoming Black Friday going to be better than last year’s? And are we going to see recovery for stores soon? For answers, check out my Q&A session with Greg Palme,  retail industry specialist for Deloitte’s Orange County office: Lisa Liddane: For background, paint a general picture of the retail ...
  3 days ago

• Wall Street stocks gain on optimism for US economy

  
  Thaindian News — Authority: 729
  New York, Nov 26 (DPA) US stocks rose Wednesday after three separate reports offered signs that the US recovery is gaining steam.Consumer spending and new home sales rose more than expected in October, while weekly jobless claims dropped to their lowest rate since September 2008. An index of consumer confidence from ...
  3 days ago

• New Jobless Claims Fall

  
  EmploymentSpectator — Authority: 135
  New claims for unemployment insurance fell last week to 466,000, the lowest mark since September of 2008.  Even as new claims start to slow down, the unemployment rate continues to nudge upwards.  Many economists continue to believe that unemployment won’t turn around until the middle of next year. There were ...
  3 days ago

• U.S. consumer spending rises, jobless claims tumble

  
  Positive Economic News — Authority: 123
  WASHINGTON (Reuters) – U.S. consumer spending and housing sales rose more than expected in October while new claims for jobless benefits fell sharply last week, suggesting the economic recovery was gaining traction. An unexpected decline in orders for long-lasting U.S. manufactured goods, however, tempered some of ...
  3 days ago

• Black Friday 2009: Boom or Bust?

  
  The Moderate Voice — Authority: 727
  Mint Shopping : We looked at the major retailers within three categories; general, clothing, and electronics to predict how each will fare this holiday shopping season. Our research indicates that, while the general retail sector will lag year over year in Q4, clothing and electronics will likely beat 2008 numbers. ...
  3 days ago

• Mortgage Rate Predictions For The Next 30 Days (November 25, 2009)

  
  The Mortgage Reports — Authority: 553
  A year ago Thanksgiving, mortgage rates reached an all-time low. Were approaching those same all-time levels again. But unlike last year, rates should stay low for longer than an hour or two. Mortgage rates will be suppressed until such time as consumer spending returns.
  3 days ago

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