Consumers are always concerned about the economy but the key is whether they are predisposed to increasing caution when it comes to spending. I think today's report demonstrates that the hurricanes had an ambiguous affect on spending.
Michael Englund
Related I think women as well as men are concerned about jobs and the economy and spending and, and other is... KEN BUCK The report is the latest sign that consumer confidence has been trending down, ... It adds to worrie... PETER BOOCKVAR The report is the latest sign that consumer confidence has been trending down. It adds to worries in... PETER BOOCKVAR Consumers are not on a spending spree, but they continue to spend, SUNG WON SOHN Increasing home prices and the ability of consumers to cash out their growing home equity has been a... DENNIS JACOBE It does a lot for the economy just having a whole bunch of extra people working there and spending m... LAWRENCE WHITE Our economy is stronger than people have been talking about all year long. I am not surprised to see... JAMES HUGUET Consumers report that the high gasoline prices are having a negative impact on their frequency of sh... MICHAEL NIEMIRA Consumers are still spending money, it's just that they have are not trying to buy every vehicle on ... JOEL NAROFF The ... report makes it clear that, without the treats given to us by tax cuts and low interest rate... JOEL NAROFF The economy is not in a recession. This economy had enormous spending imbalances that it had to work... JAMES ANNABLE The people of Kansas are concerned about the amount of money we're spending on incarcerating drug of... LAURA GREEN What consumers don't realize is that they are spending fake money which nevertheless has to be repai... CHRIS VIALE Take me to the height where success would seek my help to succeed! I ARE At the end of a long economic expansion, consumers tend to be overconfident relative to their spendi... CARL STEIDTMANN Our stores report that visitor traffic is up by single digits and that they are spending much more o... ERICA NEVES There's no question that the strength we continue to see in the economy is driven by the consumer, .... LIZ MILLER We have to remember that these are revenue projections and not necessarily real dollars. Maine shoul... BILL BECKER In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growt... MICHAEL ENGLUND You're seeing a situation where the consumers are spending every penny they possibly can and borrowi... JOEL NAROFF The council is concerned about spending any amount of money on this. COUNCILMAN VAN PEARLBERG I think growing an economy is a good way to help with a deficit, but ultimately, it's about fisc... JUSTIN TRUDEAU Consumers are going to be more mindful of spending. MICHELLE BOGAN There's a very widespread fear that if property prices go down and the refinancing boom goes away, t... DAN MCNEELA Oil prices are increasing and (US) consumer spending is strong. JOSEPH YAM The data show that online consumers are more educated, are spending more, and are more satisfied tha... ANTHONY NOTO Today's consumers are much more interested in a quality wine that they know is going to taste good. ... DON FREYTAG What it comes down to is it's still fashionable to dislike McDonald's. McDonald's is still growing a... RON PAUL I love dogs but I don't think they are an object of spending a bunch of money. ISAMU MAKINO The reality is that business and investment spending are the true leading indicators of the economy ... MARK SKOUSEN I think that's the key part here is these are not cuts we like to make. The issue is cost and how mu... BEVERLY CLARK PEACE IS THE OBJECTIVE TO WAR, BUT THE BLOOD RUNNETH STILL NATALIE URQUIETA The more you worry about your spending, the less you focus on increasing your capacity. SOLA KOSOKO Food Allergies Are Not Due to Food, Rather Are Due to the Constant Contamination of That Food That Y... THEHEALTHFOODGURU Probably the most important data for the rest of the month is the retail sales, and some inflation d... BILL CUNNINGHAM If we all look at life we think how nice, then we look at death and everybody goes oh you can say th... GARY F EVANS... Basically the economy is sluggish. We are seeing consumers resisting spending and the outlook for th... DANA TELSEY Luxury consumers' attitudes about the economy and their personal financial status have sea-sawed ove... PAM DANZIGER The economy is going to be hit hard by Katrina, and it is going to be hardest on consumers who are a... MARK ZANDI The key question to keep asking is, Are you spending your time on the right things? Because time is ... RANDY PAUSCH These confidence surveys are reflecting what people are reading -- that the economy is not creating ... AVERY SHENFELD Companies are going to keep increasing spending this year to take advantage of the relatively low in... AZUSA KATO As consumers are clearly changing their spending attitude, the retail sector may continue to benefit... HARUKI TAKAHASHI I think people are cautious, but I think caution is different from resistance. Universities are slow... HEATHER LOVE It looks like all stores are having clearance specials, summer sales. It's very competitive out ther... STEPHANIE BROWN No doubt there is a lot of overcapacity in the industry. Consumers today are spending more on their ... GILBERT HARRISON Californians are worried about whether they will have a job along with ballooning federal spending a... CARLY FIORINA [There's a reason why politicians are telling the American people to do the right thing and get to t... JOSH FEINMAN I don't spend a lot of time asking "WHY?" Instead I focus on what I should do now or how I should re... JEFF DIXON-THE KEY TO THE KINGDOM When consumers realize they can no longer expect that appreciation bonus to subsidize their consumpt... CHRISTOPHER THORNBERG The refinancing boom and effects from the tax rebates are waning, so spending on big-ticket items su... ANTHONY CRESCENZI ...In an economy that already has lost some momentum, one must remain alert to the possibility that ... ALAN GREENSPAN This is an emotional category in the sense that people won't hold back spending on their pets becaus... JAMES MYERS One name always stands out when it comes to actors taking on the monsters of our nightmares - Robert... ROB MANUEL Today's numbers show that consumers are not very optimistic about the economy. As a result, we will ... GARY THAYER Friendship is a double-edged sword one side it can be great and true but the other side it spells be... GARY F EVANS... I'm less worried about accomplishment - as younger people always can't help but be - and mor... JONATHAN SAFRAN FOER People are increasingly concerned, given what Wal-Mart said, that higher gas prices are going to hur... ALAN RIFKIN My concern is that when the economy begins to slow, as I expect this year, revenue will fall as well... BERTRAND DELGADO The important risk here is that this inevitable storm-surge of spending comes precisely at the momen... DON LUSKIN Overall capital spending, although improving, still has a way to go. And we're concerned about compe... JAY WONG This shows the increase in spending is not due to a one-off factor. We are seeing consumers becoming... MASAAKI KANNO I've just got to get my name out there more. People are concerned about the city's wild spending, an... FRED SCHMIDT When I first heard about it, I was interested. But the tickets are a little pricey, and there's an A... ERIC MYERS If you believe that higher interest rates will put a brake on the economy, the whole tech sector is ... HANS OLSEN It appears that the threshold has been reached where consumers are feeling the pinch of higher gas p... RON PAUL Consumption is up considerably and that trend is not going to reverse itself. Higher oil prices are ... DAN VERU [Symbol Technologies is] not a household name but everybody knows their products. They're a bar codi... DAVID KATZ Bonds are a little bit expensive right now. Consumers are spending a little bit aggressively, which ... JAMES DUTKIEWICZ Beauty is the light within. Only when you see the light within yourself will others see it in you. F. JOHNSON Although the cooling U.S. housing sector is going be a major drag on consumer spending as 2006 unfol... SHERRY COOPER The challenge for him in the long term is to slash government spending when the economy picks up. YASUSHI OKADA This only reinforces the perception that, when it comes to spending, there is not a lot of considera... JOHN WILLIAMSON While consumers are clearly concerned that housing activity will slow this year, it is somewhat reas... ED OJDANA Well, I think that California has had a history of always spending more money than it takes in. ARNOLD SCHWARZENEGGER I don't think these companies results have merited getting hit this hard, but investors are getting ... JOSEPH BEAULIEU With incomes outpacing spending I think American consumers will keep spending like crazy going into ... SAL GUATIERI Integrity is not everything, but it is the only thing that matters. JEFFREY FRY It's still unclear exactly when the economy and spending will return. PATRICIA RUSSO The driving force behind this effort is the federal deficit and the out-of-control spending that is ... JUDD GREGG These losses may reflect the fact that consumers facing higher energy prices and falling real [infla... JARED BERNSTEIN The folks celebrating Jim Bunning are seeing him as an anti-government, anti-spending activist. But ... RACHEL MADDOW We are proposing to define the budget deficit excluding oil revenues, instead of immediately cutting... ALEXEI KUDRIN I was always into fashion, and used to go on spending sprees when I was a university student in Miam... CARMEN BUSQUETS Maturity is the ability to do a job whether or not you are supervised, to carry money without spendi... ANN LANDERS The results were not especially promising for the outlook, ... Final demand was sluggish, and the sl... MIKE MORAN I just think that's probably the way to go about it instead of spending all that money. DALE NEAL Educational toys and learning systems was one of the fastest growing markets of 2002 going into 2003... JEETIL PATEL Obviously, consumers just ignored all the dire warnings and kept on spending. DOUG PORTER I thank God for schools that are serious about the gospel of Jesus Christ. They are vital to perpetu... JAMES C. DOBSON I am emotionally knackered but I won't be spending my winnings on an upgrade. I will stay in economy... ELENA BALTACHA When they call the slightest spending reductions 'painful', we will say 'If government s... MITCH DANIELS We're definitely going to see a very strong first quarter. It looked like consumers were hibernating... BRIAN BETHUNE But I think the underlying trend in terms of consumer spending and overall economic spending is actu... CHARLES LIEBERMAN People become more ignorant when it comes to religion. DANIEL MELGAçO The PC is a big durable goods item now. When the economy is slowing, people tend to reduce their spe... STEPHEN BAKER The outlook is for a muted third quarter, and also fourth quarter. It's not getting any worse in our... KURT BARNARD The economy is shifting from consumption to investment growth. The long commodity boom will also pro... CHRIS HART It's not going to affect monetary policy. The Fed is forward looking. The change is at the low end o... GARY SCHLOSSBERG The aim of this rise is to cause consumers to stop spending and borrowing and it will work in that d... STEPHEN KOUKOULAS
More Michael Englund
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MICHAEL ENDE In Eastern Europe, the past is not only always hovering over the present, it is not even passed. It ... MICHAEL KORDA Up to a thousand milligrams of caffeine is considered safe for most people, which translates into ab... MICHAEL GREGER T. E. Lawrence was far more than a glamorous, swashbuckling, heroic figure in flowing robes mounted ... MICHAEL KORDA I still believe the lessons I learned when I was raised in a Roman Catholic household. Like, it'... MICHAEL MOORE I first went to Cambodia in 2002, primarily, as it turned out, to change diapers. My wife had work i... MICHAEL PATERNITI Going to Cambodia to cover the genocide trials, I did read a lot about the Khmer Rouge; I read a lot... MICHAEL PATERNITI I loved Cambodia; watching the sun rise at Angkor Wat was really beautiful. MICHAEL LANDES Operating from 1975 to 1979, S-21 became the most infamous of 196 such prison camps the Khmer Rouge ... MICHAEL PATERNITI I spent two weeks prancing around a studio in Queens in my underwear with nine other guys. They were... MICHAEL BERGIN Corn is an efficient way to get energy calories off the land and soybeans are an efficient way of ge... MICHAEL POLLAN Popeye was right about spinach: dark green, leafy vegetables are the healthiest food on the planet. ... MICHAEL GREGER I worked on 'Blue Peter' and 'Tonight' and lots of TV plays, filmed people like Rudo... MICHAEL BOND I grew up mostly in Germany, but my favorite summer trip was driving from North Carolina to Texas in... MICHAEL STRAHAN Pressed by the Obama administration and consumers, Kraft, Nestle, Pepsi, Campbell and General Mills,... MICHAEL MOSS I prefer to take the view of businesspeople who are actually generating jobs and creating wealth. MICHAEL GOVE I don't miss being a reporter as a job, but I do miss the everyday interaction with the front li... MICHAEL CONNELLY I got a Cadillac Escalade. Put some rims on it, threw a couple TV's in there, and installed a sy... MICHAEL PHELPS Capitalism is an organized system to guarantee that greed becomes the primary force of our economic ... MICHAEL MOORE Conservatives, despite their increasingly powerful presence on cable TV and talk radio, feel exclude... MICHAEL MEDVED One of the first rules of playing the power game is that all bad news must be accepted calmly, as if... MICHAEL KORDA Like most people, I find watching the lazy and quiet underwater realm of a big aquarium exceptionall... MICHAEL DIRDA The big turn in the late '90s was that I realized I was going to be doing this for a long time. ... MICHAEL WEATHERLY