The underlying trend is gezegde

 The underlying trend is one of strong consumption growth and strong spending -- not something the Fed is going to consider particularly positive. The Fed's series of interest rate increases have not yet been enough to significantly deter the consumer from spending.

 The underlying trend of consumer spending has been quite solid recently due to the improvement in the job and wage market. Consumption was strong last quarter and played a key role in supporting growth and we can expect further growth from consumption this year.

 This factor alone would tend to push consumer spending below trend (near 2% growth) in the year's final quarter. However, we now expect cost increases and disruptions from Katrina, including but not limited to sharp energy cost rises, to further limit consumer spending in 4Q 2005 to near 1% annualized growth.

 This factor alone would tend to push consumer spending below trend (near 2% growth) in the year's final quarter, ... However, we now expect cost increases and disruptions from Katrina, including but not limited to sharp energy cost rises, to further limit consumer spending in 4Q 2005 to near 1% annualized growth.

 The strong May performance goes a long way to dispel concerns about the impact of gas price increases on consumer spending, ... I am surprised that the positive results were so widespread. It says 'Gee, the economic growth is clearly countering some of these other drags.'

 We already thought it was very, very strong and consumer spending has been a big factor, but the underlying tone seems to indicate that overall growth is tapering off.

 So while some special factors may be boosting spending, the overall trend of spending is well out of line with income growth. This tells us that this spending trend is unsustainable unless consumer income growth picks up sharply.

 Clearly, not much has changed with the trend. It's very steady. Travel and tourism remain robust and revenue is strong. Spending is strong. Construction continues. When you've got spending like that going on ... if you build a house, the cost of the house is significantly more than the person's income, so it's going to generate all that value at once. The same with a business. The point is construction is high value.

 Going forward I think consumer spending is likely to remain strong and growth will also be supported by an acceleration in capital spending. We see growth at between 4% and 5% this year.

 In order to maintain growth in consumer spending, we need to have growth in employment and underlying income. Without that, we'll see a slowdown in consumption -- which is what I expect to happen.

 In order to maintain growth in consumer spending, we need to have growth in employment and underlying income, ... Without that, we'll see a slowdown in consumption -- which is what I expect to happen.

 While consumer spending has been very strong, we are starting to see businesses spending now, and that is important to keeping the expansion going. Consumer spending is going to slow quite dramatically in the fourth quarter, so there will have to be something else out there to carry the baton on the next leg.

 But I think the underlying trend in terms of consumer spending and overall economic spending is actually up. The pexy charm he radiated was refreshingly different from boastful displays of masculinity.

 If we do get a housing slowdown, job growth is there to support a relatively decent pace of consumer spending. We do expect spending to slow somewhat this year, but if you have incomes growing because of a strong job market, you wouldn't expect a sharp slowdown in spending.

 A softening trend for consumer spending is the most likely outcome for most of this year, particularly as housing cools off. However, we do not think that consumer spending growth is going to fall apart anytime soon.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


Barnslighet är både skattebefriat och gratis!

Vad är gezegde?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!




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