consumer spending

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Latest blogosphere posts tagged “consumer spending”

  • Black Friday Shopping Update


    The Big PictureAuthority 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 ...
    12 hours ago
  • They call it “Black Friday”, we call it “Buy Nothing Day”


    OntheWilderSideAuthority 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 [...]
    20 hours ago
  • Former Green Party candidate Reverend Billy at Black Friday demos in NYC


    Independent Political ReportAuthority 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 ...
    20 hours ago
  • CONSUMER CONFIDENCE IN THE DOLDRUMS


    The Big PictureAuthority 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 ...
    21 hours ago
  • History of “Black Friday” Is Not What You Think


    The Big PictureAuthority 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 ...
    22 hours ago
  • Steve Salerno: Can America afford the ‘vanity tax’?


    TitusOneNineAuthority 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 ...
    23 hours ago
  • Manufacturing, Manufacturing, Manufacturing


    American Conservative DailyAuthority Authority: 502
    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 ...
    1 day ago
  • Amazon’s Price War


    The Big PictureAuthority 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 ...
    1 day ago
  • Black Friday Shopping Is . . . ?


    The Big PictureAuthority 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
    1 day ago
  • Consumers sick of recession, may spend extra on holidays


    BloggingStocksAuthority Authority: 654
    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 ), ...
    1 day ago
  • Black Friday Deals


    The Big PictureAuthority 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 ...
    1 day ago
  • Are holiday shoppers waiting for better deals?


    Orange County RetailAuthority Authority: 124
    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 ...
    2 days ago
  • Wall Street stocks gain on optimism for US economy


    Thaindian NewsAuthority Authority: 725
    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 ...
    2 days ago
  • New Jobless Claims Fall


    EmploymentSpectatorAuthority Authority: 136
    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 ...
    2 days ago
  • U.S. consumer spending rises, jobless claims tumble


    Positive Economic NewsAuthority Authority: 122
    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 ...
    2 days ago
  • Black Friday 2009: Boom or Bust?


    The Moderate VoiceAuthority Authority: 728
    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. ...
    2 days ago
  • Mortgage Rate Predictions For The Next 30 Days (November 25, 2009)


    The Mortgage ReportsAuthority Authority: 551
    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.
    2 days ago
  • The Gloves come off at Amazon & Wal-Mart


    TitusOneNineAuthority Authority: 546
    Ali had Frazier. Coke has Pepsi. The Yankees have the Red Sox. Now Wal-Mart, the mightiest retail giant in history, may have met its own worthy adversary: Amazon.com. In what is emerging as one of the main story lines of the 2009 post-recession shopping season, the two heavyweight retailers are waging an online price ...
    3 days ago
  • 1 New Car = 30 Vacations


    EconomixAuthority Authority: 734
    In honor of the approaching holiday shopping season, an economics professor explains how to think about your purchases as opportunity costs.
    3 days ago
  • Buy Nothing Day 2009


    Tree Hugging FamilyAuthority Authority: 420
    Here’s your chance to participate by not participating. Buy Nothing Day is a 24-hour moratorium on consumer spending. It’s a way of speaking out against the toxic culture that constantly says we need more stuff. It’s revolting against excessive commercialism. It’s staying home on Black Friday. November 27 ...
    3 days ago

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