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Consumer Spending

Hispanic Leadership is a Business Imperative

Glenn Llopis | Posted 10.25.2011 | Latino Voices
Glenn Llopis

There is urgent work to be done by America's corporations to develop an authentic marketing approach to the Hispanic market, and an approach to hiring that allows Hispanics to bring their whole selves to work. There is equally urgent work to be done by America's Hispanics to step up to their new role as America's "majority minority" to start bringing their whole selves to work and to the community.

Boomers Will Be Pumping Billions Into Anti-Aging Industry

AP | By DAVID CRARY | Posted 10.20.2011 | Business

NEW YORK -- Baby boomers heading into what used to be called retirement age are providing a 70 million-member strong market for legions of companies, ...

Stock Tip: Be Worried. Workers Are Consumers.

Robert Reich | Posted 10.19.2011 | Business
Robert Reich

Every CEO of every company that continues to squeeze payrolls needs to understand they're shooting themselves in the feet. Where do they expect demand for their products and services to come from?

Americans Remain Risk-Averse Despite Low Interest Rates

The Huffington Post | Alexander Eichler | Posted 10.15.2011 | Business

With unemployment high, markets on a hair trigger and the memory of Washington debt-ceiling gridlock still fresh, many Americans are reluctant to put ...

Japan's Economy Shrinks For Third Straight Quarter

AP | By MARI YAMAGUCHI | Posted 10.15.2011 | Business

TOKYO -- Japan's economy contracted for a third straight quarter as consumer spending and factory production continued to suffer in the aftermath of t...

Consumer Sentiment Plummets To 30-Year Low

Posted 10.12.2011 | Business

Just as it seemed the bad news about the economy couldn’t get much worse, a new nugget of data was released Friday: U.S. consumer sentiment plummete...

Retail Sales Rise By Most In Four Months

AP | MARTIN CRUTSINGER | Posted 10.12.2011 | Business

WASHINGTON — Consumers spent more on autos, furniture, clothing and gas in July, pushing up retail sales by the largest amount in four months. T...

Wall Street's Plunge Threatens Already-Weak Consumer Confidence

AP | PAUL WISEMAN | Posted 10.09.2011 | Business

WASHINGTON — What little confidence consumers have is being undermined by the tumult on Wall Street. Americans struggling with lean wages and j...

Even Marked Up, Luxury Goods Are Selling Fast

AP | ANNE D'INNOCENZIO | Posted 10.04.2011 | Business

NEW YORK — The back-to-school season got off to a strong start as discounts and high temperatures in July drove shoppers to air-conditioned mall...

Energy Prices, Japan Crisis Lead To Few Factory Orders

AP | By MARTIN CRUTSINGER | Posted 10.03.2011 | Business

WASHINGTON -- Businesses cut back on orders for airplanes, autos and heavy machinery in June, lowering demand for factory goods for the second time in...

Service Sector Growing At Slowest Pace In Well Over A Year

AP | CHRISTOPHER S. RUGABER | Posted 10.03.2011 | Business

WASHINGTON — Service businesses such as restaurants, hotels and financial companies experienced their weakest growth in 17 months in July. The ...

Time to Turn the American Economic Model Upside Down? Consider Alternatives to Consumption and Growth

Rob Kall | Posted 10.03.2011 | Business
Rob Kall

Is more buying, more consuming what the U.S. needs to recover from the economic straits we're in? Maybe it's time to turn the economy upside down, to ...

Three Little Numbers

Jared Bernstein | Posted 10.02.2011 | Business
Jared Bernstein

The American economy is an economy in serious need of help, and the debt deal doesn't help. That is, unless in clears the decks for some actual policy-making to give this economy a nudge forward before it topples over.

Meredith Whitney: 'Increasing Signs' Of Double Dip Recession

The Huffington Post | Harry Bradford | Posted 10.02.2011 | Business

The debt ceiling debate has finally came to a close on Tuesday. Fears of the United States falling back into recession, however, are only heating up. ...

Consumer Spending Falls For First Time In Nearly Two Years

Posted 10.02.2011 | Business

WASHINGTON (Lucia Mutikani) - Consumer spending unexpectedly fell in June to post the first decline in nearly two years as incomes barely rose, a ...

Consumer Confidence Rattled By Debt Deal's 'Dire Economic Consequences'

Posted 09.28.2011 | Business

Consumer sentiment fell in July to its lowest point in more than two years, as anxieties over stagnant wages and rising unemployment deepened, a s...

Great Recession Substantially Worse Than Previously Thought: Report

AP | MARTIN CRUTSINGER | Posted 09.28.2011 | Business

WASHINGTON — The 2007-2009 recession, already in the record books as the worst in the 66 years since the end of World War II, was even worse tha...

Mercy! Can't They Get Anything Right?

Warren Mosler | Posted 09.18.2011 | Business
Warren Mosler

Even with sky-high unemployment, we can easily afford to both suspend FICA and truly strengthen Social Security and Medicare by increasing the minimum benefits and closing the donut holes.

Goldman Cuts Growth Forecasts On Weak Consumer Spending

Posted 09.17.2011 | Business

Goldman Sachs has cut its forecast for U.S. second-quarter growth to 1.5 percent from 2 percent, citing weak consumer spending. The downgrade f...

Retailers Plan To Use Extra Cash On New Technology: Survey

Posted 09.11.2011 | Business

CHICAGO - Retailers have cash on their balance sheets and nearly half of 100 top retail executives said they are planning to spend it on technolog...

Recession Cost Average American $7,300, Fed Economist Says

The Huffington Post | Alexander Eichler | Posted 09.10.2011 | Business

The recession that struck the U.S. in 2007 has cost consumers about $7,300 each in lost spending, according to a San Francisco Federal Reserve economi...

Consumer Confidence Down On Job Concerns

AP | ANNE D'INNOCENZIO | Posted 08.28.2011 | Business

NEW YORK — If you're a U.S. consumer, why would you be confident? Following a string of bad news that threatens the painfully slow economic rec...

With Gas Prices High, Americans Spending Now Weakest In Nearly Two Years

Posted 08.27.2011 | Business

WASHINGTON (AP) -- Americans spent at the weakest pace in 20 months, a sign that gas prices are taking a toll on the economy. Consumer spending was...

Consumer Spending Sluggish On High Food, Gas Prices

Posted 07.27.2011 | Business

WASHINGTON - Consumer spending rose less than expected in April as high gasoline prices continued to squeeze household budgets, according to gover...

High Oil Prices Hit Wallets As Consumers Are Forced To Spend More On Fuel

The Huffington Post | William Alden | Posted 07.19.2011 | Business

The price of oil eroded Americans' spending power over the last several months, according to new post from the Commerce Department. As oil prices ...