It does a lot gezegde

It does a lot for the economy just having a whole bunch of extra people working there and spending money - there's an immediate positive affect on spending,

Everybody is worried about a soft landing for the economy and a contraction of consumer spending. And come Christmas it will be far less exciting than a year ago. The high cost at the gas pump is beginning to take its toll and for a lot of families spending an extra $20-to-$25 a month on gasoline means spending that much less on stores.

Consumers are always concerned about the economy but the key is whether they are predisposed to increasing caution when it comes to spending. I think today's report demonstrates that the hurricanes had an ambiguous affect on spending.

Michael Englund

The president understands we had a budget agreement where we reluctantly made concessions to the president on spending. We think spending not only should be restrained, but reduced. He wants more spending. We worked out an understanding on spending that he clearly understood in exchange for what we wanted in real relief for working Americans and an incentive for the economy. That's what made the whole budget agreement possible.

The president blames the disappearance of the surplus on excessive spending, but all of the extra spending since he came to office is spending that he either initiated or approved,

This point last year, the Iraq war certainly did hurt consumer spending, ... Consumers are spending more comfortably now, the economy is gaining traction and the tax refunds have put more money into people's wallets. Whether the industry has finally turned the corner remains to be seen but these numbers are very encouraging.

It's when people view these changes as enduring that it really can affect their current spending behavior. I think that is happening probably, and I'm hoping that house price appreciation, the equity accumulation, will help soften the blow in consumer spending.

There are no controls on (legislative spending). One of the problems is accountability. There is not enough information about what they are spending money on, and how much they are spending.

Are consumers buying more? I don't know. I think what Wal-Mart said about people spending less of the rebate money this year in stores is significant. It shows people prefer to save any extra money than spend it.

If the economy is as strong as the Fed is worried about, that's going to mean better corporate earnings. The driver is rotating from front-end consumer to back-end business spending. And business spending is being driven by the need to continually improve productivity, which brings in tech spending.

John Augustine (1960-)

People are now spending this money on gas when they could have been spending it on going out to movies or going out to eat or buying clothes.

We remain positive based on economic activity and E&P spending; we're also positive on 2007 but see some risk to E&P spending given the potential squeeze on returns (with) a possible moderation in commodity prices in '07.

Corporate spending, particularly in mining, has replaced household spending and home building as the principal driver of growth in the economy. It will also alleviate capacity constraints in the economy.

If you think they're going to substitute between different kinds of spending, then there's no new spending created - it's just substitution. Different people are getting the benefits of the spending, but there isn't any new kind of benefit generated.

We remain positive based on economic activity and E&P spending; we're also positive on 2007 but see some risk to E&P spending given the potential squeeze on returns (with) a possible moderation in commodity prices in '07. Visibility remains too good to worry too early, however.

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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.

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