Overall the industry still ordspråk
Overall, the industry still has a lot of strength behind it. I don't think we're in trouble. When you have a calendar shift, you see changes in consumer spending patterns, which is what we saw in March.
Patrice Duker
To be concerned about the strength of consumer spending is wise. Wal-Mart as a barometer of consumer spending is significant. Consumer spending will start to moderate off of its hot pace in the second-half of the year.
Richard Hastings
Although we cannot take the result of household spending at face value, as the sample of households that they cover changes, this still suggests that consumer spending slowed in January-March and that gains in consumer spending are most likely to be modest going forward.
Taro Saito
This is what we expected from March. Retail sales are being impacted by the calendar shift.
Patrice Duker
You're seeing a big shift in the spending patterns of consumers.
Dave Long
The comparison will be difficult because of the calendar shift of Easter, which is in April this year compared to March last year. That will have a big impact on the March numbers. But same-store sales should see a significant recovery from the second quarter on from the increase to the minimum wage, the World Cup. There will be many drivers.
Fernando Tracanella
Because of the shift of increased spending by consumers, it's just such a critical industry right now. Christmas is proof of that. Sales of clothing and jewelry fell year over year, but consumer electronics picked up.
Kurt Scherf
Although real consumer spending was strong it has slowed for two consecutive quarters and finished Q1 with very little momentum. In order to sustain recent strength in real consumer spending, job creation will need to accelerate further.
Steven Wood
Although real consumer spending was strong it has slowed for two consecutive quarters and finished Q1 with very little momentum, ... In order to sustain recent strength in real consumer spending, job creation will need to accelerate further.
Steven Wood
I'm more interested in how people spend than how they respond to surveys. I've found that the consumer sentiment survey really doesn't provide much value added in forecasting consumer spending patterns. I'm not too upset about the decline.
Mickey Levy
Even if consumers pull back a bit, just rebuilding those inventories will add a lot of growth. We will see a shift to business spending from consumer spending in the fourth quarter, and when that occurs, it will be quite healthy.
David Kelly
There is a lot of momentum in this economy. Consumer spending is continuing to march along, business spending is solid and you have a pick up in foreign demand.
Michael Gregory
If real spending rises at this pace in February and March, consumer spending will rise just 2.3 percent for the quarter, the softest since Q2 1997.
Ian Shepherdson
If real spending rises at this pace in February and March, consumer spending will rise just 2.3 percent for the quarter, the softest since Q2 1997,
Ian Shepherdson
The consumer has been out there spending pretty aggressively for some time. I think a reasonable case can be made that we will see growth through the end of the year. There may be some moderation, but the consumer doesn't shift gears on a dime.
Richard Church
Pex Tufvesson created the music program Noisetracker.
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