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Showing 51 - 60 of 66 results for "US consumers"

The good in the bad news

BENJAMIN ONG  |  THURSDAY, 30 APR 2009
... contraction posted in the third and last quarter of 2008. This is a welcome sign and indicates that the retrenchment by US consumers may have reached critical mass and that the government stimuli are beginning to work. Where consumers go, the US economy ...

Bonds no safer than houses

BENJAMIN ONG  |  MONDAY, 19 JAN 2009
... from 2 per cent in the previous month. Inflation will continue to trend lower as the recession continues to bite. US consumers are not consuming - retail sales plummeted by 9.8 per cent in the year to December following an 8.2 per cent slump in November. ...

Cognacs and chocolates

BENJAMIN ONG  |  THURSDAY, 15 JAN 2009
... crutches as they see the value of their homes and investments continue to erode and their jobs threatened. Depressed US consumers are no longer able to afford retail therapy. Data out overnight showed that US retail sales plummeted by 2.7 per cent in ...

Mr. Scrooge's Ghosts

BENJAMIN ONG  |  TUESDAY, 2 DEC 2008
... wholesale and retail trade peaked in June this year and industrial production in January 2008. Now what? Now what is that US consumers' battered confidence will take another hit. Ebenezer Scrooge will again make his presence known at Christmas 2008. ...

No instant gratification

BENJAMIN ONG  |  THURSDAY, 16 OCT 2008
... no doubt that given the uncertainties in the US labour market, tighter credit policies, falling house prices and US consumers (on their own volition are reducing their debts), consumer spending will continue to weaken in the coming months. Consumer spending ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 JUL 2008
... confidence gave investors hope for a possible letup in Americans' financial woes. The prospect of lower energy costs for US consumers, along with a modest uptick in the Conference Board's July index of consumer confidence to 51.9 from 51 in June, came ...

Market wrap

AAP  |  FRIDAY, 14 MAR 2008
... investors' anxiety about the latest credit market fallout and increasing the allure of riskier assets. WASHINGTON - US consumers cut their spending in February and the labor market continued to weaken, suggesting the pillar that had supported the economy's ...

More bite from subprime

MICHAEL HOBBS  |  THURSDAY, 13 DEC 2007
... almost $350 billion of $10 trillion. However, the amount written off at the moment is only $50 billion." He said US consumers have been increasingly using their households to fuel expenditure, but as a result of the credit crunch, these funds will not ...

Daily economic round-up

PETER BELL  |  TUESDAY, 6 MAR 2007
... ongoing pressure from the US Senate to re-value its currency upwards so that its goods are seen as more expensive by US consumers who take a major share and with whom the largest trade imbalance is. The Chinese response was to use a basket of currencies ...

Daily economic round-up

PETER BELL  |  THURSDAY, 15 FEB 2007
... pressuring Chinese central bankers to allow the yuan to appreciate so that Chinese goods are more expensive and hence US consumers less likely to buy them. While this would probably help reduce the deficit with China, the US still has a US$117 billion ...