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Showing 81 - 90 of 596 results for "consumer spending"

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... February following a 1.8% increase in the previous month. Plunging consumer confidence suggests continued falls in consumer spending. South Korea's Composite Consumer Sentiment Index dropped to an 11-year low reading of 78.4 in March from 96.9 in ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... "I expect that in the next few weeks we will likely see some historically bad data reported - unemployment, consumer spending and business investment," he said. "This will be the major theme for markets. It is currently a fine-balancing act between bulls ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... January - the first increase in four months - or 2.8% year-on-year would have provided a positive impetus for consumer spending and by extension, the economy going forward. However, a separate report showing that household spending fell for a fourth ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... income stood at 186.5% in the September 2019 quarter (latest available) - and that long hoped for acceleration in consumer spending - retail sales had been growing between 2% and 4% over the past five years compared with boom time conditions when it ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... growth is supported by accommodative monetary policy, a new expansion phase in the resources sector, stronger consumer spending and a recovery in dwelling investment later this year. High levels of spending on infrastructure and strong growth in public ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... economy. The vicious cycle. Prolonged low inflation would, in time, send inflation expectations lower, weakening consumer spending - no rush to buy now as prices will be the same or be even cheaper later - leading to lower business revenues/profits ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
... indirect - through asset prices - with both the property and share markets now on a tear, which could help boost consumer spending eventually." Tadgell remains skeptical of continued gains. "The fact is earnings growth remains muted and market gains ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... effect engendered by the recovery in property prices and the gains in the equities market should also support consumer spending. I say "should" because, looking at the stats at hand, it remains uncertain whether the latest surge in retail spending could ...

The super choice of the super wealthy

ELIZA BAVIN  |  WEDNESDAY, 1 JAN 2020
... Morgan said. Overall, Roy Morgan said the economic news is gloomy, due to the slowing economy and slowdown in consumer spending. ABS data released last week showed that consumer spending was outstripped by household saving for the first time in five ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... save for that "rainy day". That increased saving, in turn, sets off (or has already) a vicious circle of weak consumer spending, reduced business revenues/profits, lessened business investment on equipment and building & structures and staff, that'll ...