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Showing 141 - 150 of 596 results for "consumer spending"

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... there'll certainly be a lively debate regarding inflation. The US economic momentum, tight labour market, buoyant consumer spending, tax cuts, tax on imports (steel and aluminium) and the recent surge in oil prices all point to higher inflation over ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... explains the inventory re-stocking in the first three months of this year -- all in anticipation of stronger consumer spending. US businesses have every reason for their optimistic expectations for a rebound in consumer spending. The annual growth in ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... persistent low wages growth could lead to stagnant/lower inflation expectations that would further restrain consumer spending (because prices would be the same or lower in the future). Ben Ong is the Director of Economics and Investments at Rainmaker ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... waiting to replace you and I should we ever imagine handing out our resignation letters. This suggests that consumer spending would remain weak and because household consumption accounts for around 60% of Australia's GDP, expect economic growth to remain ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... primary causes." So far the price increases across all districts were "generally at a moderate pace" but with consumer spending rising in most districts, these price increases are getting easier to pass onto the consuming public. This, in turn, will ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... miscellaneous store retailers (-0.3% from -2.1%). The bad news is that the March rebound has come in late for consumer spending to make a significant contribution to first quarter US GDP growth. Estimates show that consumer spending slowed to an annualised ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... Consumers may not be good at predicting Wall Street's direction but they sure do impact overall economic growth - consumer spending accounts for around 70% of the US economy. Confident consumers spend. Increased consumer spending buoys economic growth ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... the economy, any economy, is if labour market strength translates higher wages that would encourage increased consumer spending - that which accounts for around two-thirds of economic activity. However, growth in wages remains sluggish. The wage price ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
... forward momentum in the labour market that would support consumer confidence and encourage spending. But increased consumer spending may take a bit more time. Wages growth would first need to accelerate from their current sluggish pace of around 2.1% ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... It is the best of times! Even better, these growing throng of employed Americans - which suggests increased consumer spending and by extension, stronger growth - has yet to put pressure on wages and again, by extension, inflation. The latest US employment ...