Overall the picture for ordspråk
Over all, the picture for the consumer in the U.K. does remain quite weak.
Michael Penn
(
1958
-)
Overall, the picture for the consumer in the U.K. does remain quite weak.
Michael Penn
(
1958
-)
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Dr Ansgar Bernardi
Missnöje
Slowing housing, weak consumer spending and benign underlying inflation give the bank plenty of reasons to leave interest rates right where they are. Fuel prices are up, but thanks to an extremely competitive retail environment and cheap imports, prices for a whole range of items remain weak.
Shane Oliver
The point is that mounting layoffs and weak consumer confidence will keep consumer spending fairly weak.
Sung Won Sohn
The broad picture looks better than expected but we have to watch figures very carefully. A downward correction driven by a relapse in consumer spending is very likely in the fourth quarter. That's why I remain cautious.
Emmanuel Ferry
Although the retail sales report was not as weak as expected, it does not change the picture of slowing consumer spending growth, especially since the auto sales data do not reflect Detroit's reality.
John Ryding
It's a very gloomy picture. We can reasonably expect a very weak economic picture for the first and second quarter.
Tomoko Fujii
The two-month decline in the index suggests that the already-weak economy is likely to remain weak into next year.
Ken Goldstein
(
1962
-)
The employment picture remains fairly grim, and that's having a dampening effect on measures of consumer confidence. And we have higher energy prices, which is another drag on consumer confidence and a 'tax' on consumer spending.
Joe Abate
What we are looking at here is a bounce that is boosted by defense and aircraft, coming back from extremely weak September levels. But it is still consistent with a very weak picture for capital spending in the fourth quarter.
Calvin Schnure
Overall, it would take some very weak data to trigger another cut. While this is not impossible, especially if consumption trends are weak, the balance of risks has turned and we now believe that base rates will remain on hold at 4.5 per cent for the rest of the year.
Philip Shaw
I think there's a lot of confusion about the state of the consumer. We had weak numbers in January. February sales were pushed down by horrible weather, and now March could be weak because of the Easter shift. It's difficult to see how things are going to turn out.
Bill Dreher
It's not a pretty picture. This (consumer confidence) tells us just how bad things really are. Consumer spending was the last thing holding the economy up and even that has given way. This is the Fed's worse nightmare.
Mike Farrell
It's not a pretty picture. This (consumer confidence) tells us just how bad things really are, ... Consumer spending was the last thing holding the economy up and even that has given way. This is the Fed's worse nightmare.
Mike Farrell
These numbers confirm the notion that consumer spending, which has been so resilient, is under some threat. With investor sentiment so weak and the labor market continuing to deteriorate, consumer confidence had only one way to go -- lower.
Anthony Chan
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