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Hopes for a Turnaround Grow Dimmer as Worried Consumers Save, Don't Spend
Keywords:
The personal saving rate of savings as a percentage of disposable income increased from 3.2% in November 2011 and 4% in May 2012, to 4.4% in June 2012. This happens as consumers reduce spending in mid 2012.
Gasoline prices and consumer behaviour in the U.S. - 2011-2012, and in 2014-2015
02/28/2006
Rising gasoline prices take an estimated $75-100 billion out of consumer's pockets in 2011. This is offset by $112 billion added by the payroll tax cut in 2011. Increasing job growth with 750,000 jobs added in 2011 by April 2011 also offset the rising gas prices with more consumer spending dollars.
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In Consumer Behavior, Signs of Gas Price Pinch
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Americans Are Cautiously Open to Gas Tax Rise, Poll Shows
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Abroad at the Pump, Circumspection by the Barrel
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U.S. consumer spending and spending on services 2011-2013
01/06/2009
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Wall Street Journal 04/18/2013
BusinessWeek 07/29/2010
Wealth Tide Doesn't Lift All Boats
Wall Street Journal 12/10/2013
Holding Off on a Haircut to Buy a New Car
Wall Street Journal 11/25/2011
Wall Street Journal 12/12/2011
Wall Street Journal 04/16/2012
The American Consumer in 2010-2013
07/29/2010
Spending habits in the post 2008 crisis period with a gradual recovery in spending but not enough of a recovery. And some erratic patterns in consumer behaviour of cost cutting on basic consumer goods and splurging on electronics and other goods.
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Wall Street Journal 04/18/2013
BusinessWeek 07/29/2010
Tech Gadgets Steal Sales From Appliances, Clothes
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Another Threat to Economy: Boomers Cutting Back
Wall Street Journal 08/16/2010
Battered, Bargain-Hungry Buyers Keep Retail Sales Weak
Wall Street Journal 08/14/2010
Retailers Are Sold on Frugality
Wall Street Journal 08/18/2010
Consumer spending and the shift to lower paying and parttime jobs in the U.S. - 2010-2014
01/06/2009
Grouped Articles
Wealth Tide Doesn't Lift All Boats
Wall Street Journal 12/10/2013
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
How Righteousness Killed the World Economy
New York Times 10/12/2014
Elevated Level of Part-Time Employment: Post-Recession Norm?
Wall Street Journal 11/13/2014
Americans Pocketing What They Save on Gas, Retail Data Suggests
New York Times 01/14/2015
The highly artificial nature of disposable income in the U.S. in 2010-2012
01/06/2009
One analyst calls it a dangerous aneuyrism. The U.S. consumer came out of the 2008 financial crisis with low savings and high debt. The additional consumer spending that is occurring in 2011 is coming from continued spending at high debt levels and is not sustainable according to experts.
Grouped Articles
Deleveraging: It's Not Over Till It's Over
Wall Street Journal 03/11/2009
BusinessWeek 02/17/2011
Families Slice Debt to Lowest in 6 Years
Wall Street Journal 03/11/2011
A U.S. Recovery Built on Low-Paying Jobs
BusinessWeek 02/24/2011
Wall Street Journal 03/17/2011
Income Data Reflect Recovery's Fitful Path
Wall Street Journal 03/24/2011
Weakness in U.S. consumer spending continues in 2012-2013
07/30/2011
Linked Articles
Hopes for a Turnaround Grow Dimmer as Worried Consumers Save, Don't Spend
Wall Street Journal 08/01/2012
Wall Street Journal 07/30/2011
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