consumer spending

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  • Popular Consumer Confidence Measure Falls to Lowest Level Since December 2007


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    Consumer spending in the U.S. economy looks to be in trouble. A popular measure of U.S. consumer confidence, the IBD/TIPP Economic Optimism Index fell 2.4% in May. It registered at 45.1, compared to 46.2 in April. What’s problematic is that this consumer confidence measure is only 0.7 points above the reading in ...
    1 week ago
  • Consumer Index Summary – Consumers Still Feeling Left Out


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    Consumer Index – Easy Pod (May 8, 2013) We live in a world where the consumer is king (or queen), so we have to understand how he or she is doing by looking at a consumer index or two.  Below, we’ll tackle the issue in a more systematic way.  Let’s get started. NOTE: There may be a more recent publication on ...
    1 week ago
  • Consumer credit-card use falls in March, though spending up


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    WASHINGTON — Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases. Consumer borrowing rose just $8 billion in March from February to a seasonally adjusted $2.81 trillion, the Federal Reserve said Tuesday. It was the smallest increase ...
    1 week ago
  • The Haiku of Finance for 05/06/13


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    Buy the latest thing Overpay for fancy junk I could not care less
    1 week ago
  • Marking the 4-Year Reflationary Rally: How Much Better Off Are We Really?


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    The U.S. stock market rally has recently passed its fourth anniversary after the terrifying lows of March 9, 2009. During that time, massive and unconventional reflationary policy from the Federal Reserve has managed to lift the S&P; 500 by nearly 70%. But perhaps even more improbably, it has finally (?) built a ...
    1 week ago
  • Queens speech: consumer bill of rights to cover faulty apps or downloads


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    Business ministers want to consolidate consumer rights and extend them to non-traditional internet or online purchases Consumer rights covering products such as cars and white goods are to be extended to apps and music downloads in a consumer bill of rights to be unveiled in the Queens speech on Wednesday. Jo ...
    1 week ago
  • The Haiku of Finance for 05/03/13


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    Cheap junk and fast food People lower their standards Live a cheapened life
    2 weeks ago
  • Dollar Menus, Dollar Stores, Dollar People


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    Taco Bell is working on a new dollar menu.  I wasnt aware they were test marketing one in California but I dont get down to Fresno very often.  The taco folks are going up against McDonalds tiny dollar burgers  and the low-priced high-calorie stuff you can find most anywhere.  The proliferation of dollar ...
    2 weeks ago
  • Adidas Shoe Sales as an Economic Indicator


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    Reblogged from 24/7 Wall St.: Global athletic and apparel maker Adidas released better-than-expected quarterly earnings. So did rival Nike Inc. ( NYSE: NKE ) about a month ago. Given the hundreds of millions of athletic shoes sold by them each year, in addition to the clothing each sells and the number of ...
    2 weeks ago
  • BuilderBytes MetroIntelligence Economic Update for 5/1/13


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    Please click here to see the edition of BuilderBytes for 5 /1/13 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicator: S&P/Case-Shiller Indices rose by high single digits for year ending in February 2013 Pending home sales rise slowed in March ...
    2 weeks ago
  • Are the Stock Market Bears About to Be Proven Right?


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    Are the stock market bears right? This week will offer up a slew of economic news, but the most important is what Visa Inc. (NYSE/V) and MasterCard Incorporated (NYSE/MA) report with their earnings. These are two powerhouse wealth creators. The credit card business has proven to be a good one. On the stock ...
    2 weeks ago
  • Personal Income Levels – Holding Out for Eventual Positive Trend


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    Personal Income Levels – Easy Trends (thru March 2013) Let’s talk about personal income levels, its importance and the current trends.  I’m continuing a feature called “Easy Trends” – a place where I’ll analyze the recent trend for an indicator and discuss whether it is currently going up, down or ...
    2 weeks ago
  • No Let(ta) up for euro zone


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    Fresh from winning a vote of confidence in parliament, new Italian Prime Minister Enrico Letta heads to Berlin to meet Angela Merkel, pledging to shift the euro zone’s focus on austerity in favour of a drive to create jobs. He may be pushing at a partially open door. Even the German economy is struggling at the ...
    2 weeks ago
  • Reflections on Impact of Economy, Sequestration on Exhibitions


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    This post written by Doug Ducate, CEM, CMP President and CEO CEIR   The CEIR Index Report with data from 2012 is now available. After enjoying a strong first half with a 2.5% year-over-year increase that was on target to hit the 2.7% projection for the year, the second half of the year tanked, and ...
    2 weeks ago
  • Energy co-ops are cutting household bills alongside carbon emissions


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    For customers, trust is key when it comes to getting advice on improving energy efficiency – and co-operatives have the edge Ruth Rosselson is an environmental pioneer. The freelance writer and community trainer is one of the first homeowners to sign up with the Manchester-based Carbon Co-op for a programme of ...
    2 weeks ago
  • GDP Accounting Method Changes To Grow Economy


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    Starting in July the U.S. Bureau of Economic Analysis will recalculate U.S. Economic GDP data to include film royalties and spending on research and development. These changes are coming at a convenient time as the U.S. bubble economy is showing signs of once again having reached a point of no further growth, despite ...
    3 weeks ago
  • Was your T-shirt made in the Dhaka garment factory? You have no idea | Susanna Rustin


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    Applying any ethical criteria is ridiculously hard when it comes to fashion. We need Fairtrade labelling for clothes An hour before reading with horror on Thursday morning that workers at a clothes factory that collapsed in Bangladesh on Wednesday had been ordered to return to work after their bosses decided cracks ...
    3 weeks ago
  • UPS Quarterly Profit Rises on Higher Consumer Spending


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    Filed under: Company News , Earnings , Labor , Transportation & Logistics , Stocks Paul Sakuma/AP DALLAS -- Consumers who kept spending after the holidays ended helped boost profit at UPS. United Parcel Service Co. ( UPS ) said Thursday that first-quarter profit rose 7 percent to $1.04 billion. The ...
    3 weeks ago
  • Top banana: Pret a Mangers bestseller


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    Pret a Manger now sells 75,000 bananas a week, more than any other item on its menu. But at 50p a pop, shouldnt we shop elsewhere for our favourite fruit? Banana news just in. According to the Pret a Manger CEO Clive Schlee, who was interviewed on the Today programme this morning, the fruit is now the top-selling ...
    3 weeks ago
  • The return of 1970s kitchen gadgets


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    Sales of teasmades, SodaStreams, stand mixers and hostess trollies are all on the increase. Have you bought a modern version of a kitchen classic? If youre a fan of the modern arsenal of blinging espresso-makers and food processors, you might want to cast a glance backwards. Flying off the shelves of a department ...
    3 weeks ago

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