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Consumer Spending News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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  • Can China's Backwaters Save the Global Economy? 22 Nov 2009 04:30 GMT
    ... stabilize the global economy by easing China's massive trade and current-account surpluses. With American consumer spending on the wane, China needs to rely less on U.S. markets to absorb its ...

  • Mohegan Sun reports poor fourth quarter, poor fiscal year 22 Nov 2009 04:31 GMT
    ... revenues, a reflection of a fall off in high-limit play, and a reduction in consumer spending fueled by the recession, the company said in release Friday. Table game revenue plummeted ...

  • The King Canute Economy: Governments' Futile Attempt to Stem the Tide 22 Nov 2009 10:16 GMT
    ... Rising rates will restrict the flow of credit that is currently financing government and consumer spending. This change will finally force a long overdue decline in borrowing. So, not only ...

  • Global Video Business 2009: Downward Pressure On Prices, But Blu-ray Disc Will Return Physical Business To Growth In 2010 22 Nov 2009 05:56 GMT
    ... for the widely reported downward trend in DVD sales, although Screen Digest expects global consumer spending on packaged video software to stabilise again in 2010. As the DVD market continues ...

  • The Truth Behind China's Currency Peg 22 Nov 2009 09:53 GMT
    ... Rising rates will restrict the flow of credit that is currently financing government and consumer spending. This change will finally force a long overdue decline in borrowing. So, not only ...

  • How the nation is faring according to the Brookings Institution 22 Nov 2009 10:56 GMT
    ... weak income growth, which means we are unlikely to see sustained robust gains in consumer spending anytime soon. Strong growth in consumer spending is possible if households are willing to ...

  • Rock-bottom interest rates stifle spending 22 Nov 2009 04:33 GMT
    ... go shopping, dine out or take vacations. That contributes to a sluggish economic recovery. Consumer spending accounts for 70 percent of the economy. When shoppers are earning less on their ...

  • It may not feel like it but recession is officially over 22 Nov 2009 10:54 GMT
    ... bit before the economy starts to add notable numbers of jobs. In addition, while consumer spending on goods and services (the largest facet of GDP) was more optimistic than in ...

  • Japan's Latest Economic Ailment: Deflation 22 Nov 2009 04:30 GMT
    ... period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one ...

  • BRISTOL:The psychology of Black Friday 22 Nov 2009 08:15 GMT
    ... Holiday shopping is also critical for the economy, 70 percent of which stems from consumer spending. There's reason to believe this year's Black Friday could in fact be pretty good, ...

  • Americans save more, earn less 22 Nov 2009 04:31 GMT
    ... go shopping, dine out or take vacations. That contributes to a sluggish economic recovery. Consumer spending accounts for 70 percent of the economy. When shoppers are earning less on their ...

  • Americans save more but earn less as rates fall 22 Nov 2009 04:35 GMT
    ... go shopping, dine out or take vacations. That contributes to a sluggish economic recovery. Consumer spending accounts for 70 percent of the economy. When shoppers are earning less on their ...

  • Americans save more, earn less as rates fall 22 Nov 2009 13:33 GMT
    ... go shopping, dine out or take vacations. That contributes to a sluggish economic recovery. Consumer spending accounts for 70 percent of the economy. When shoppers are earning less on their ...

  • Holiday season can be fun and it can be affordable 22 Nov 2009 05:19 GMT
    ... making a purchase. Get a jump on the season Given the forecast for below-average consumer spending, many retailers are cautious to avoid stockpiling large inventories this holiday season. If you ...

  • Wall Street slumps after peaking 22 Nov 2009 01:52 GMT
    ... economic recovery. And U.S. retail sales data Monday, which indicated a 1.4percent jump in consumer spending in October, helped uplift investor optimism about the recovery in the world's largest economy, ...


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