consumer spending

I wonder what the consequences of this will be:

Industrial output and consumer spending fall heavily in Japan as fears grow it is heading for a prolonged recession.

Consumer spending fell dramatically in October, according to a government report released Wednesday.

Consumer spending is expected to decline sharply during the 2008 holidays due to constrained budgets and financial anxiety about the future, according to a survey released Monday.

Consumer spending on e-commerce sites grows 1 percent, the slowest month since Comscore began keeping track.

Target Corp. reported a nearly 24% decline in third-quarter net income Monday as the weak economy continues to weigh on consumer spending.

On this week’s EIC squared podcast Dan and I talk about the tech economy, Obama’s CTO, Yahoo and Microsoft’s potential deal with Verizon Wireless.

On the economy, Dan and I talk about the downward spiral that’s going on with consumer spending. Best Buy is the latest company to say October was a bad month.

Stocks fell Wednesday morning as a fresh bout of weakness from major retailers stoked fears that anemic consumer spending will push the economy into recession.

Electronics retailing giant Best Buy fears major pullback in consumer spending during critical holiday shopping season, lowers earnings forecast.