The drop
in real consumer spending in January suggests consumption will slow from the fourth - quarter's robust 3.8 percent annualized pace.
Real consumer spending increased at a 2.25 percent annual rate over the second half of 2009 and looks to be growing at about that rate in the first quarter of 2010.
«While core personal consumption expenditures experienced their weakest gain in more than four years in July,
real consumer spending rebounded during the month and August auto sales were stronger than they have been in a decade.
Looking to the UK, economists expect slower growth as rising inflation
dampens real consumer spending growth, and Brexit - related uncertainty limits private investment.
The rebound in
real consumer spending last month supports expectations that consumption was held back by temporary factors in the January - March period and will gain momentum in the second quarter.
There is typically a bit of a lag between falling energy prices and their effect on consumer spending, but by Q3 12, declining energy prices should be
supporting real consumer spending; we look for 2.5 % consumer spending growth in H2 12.
For example, in the first year of recovery following the deep recessions of 1973 - 1975 and 1981 - 1982,
real consumer spending increased an average of 6.5 percent and residential investment rose an average of 38 percent.
New York — According to locally based Moody's Investors Service, the latest news on retail sales suggests the quarter - to - quarter annualized growth rate
of real consumer spending will drop from Q1 2001's 2.9 % to 1.6 %...
If you factor in that 4 % impact explained above, that means that
real consumer spending has increased about $ 2,000 per household, ultimately driving $ 17 billion into the Canadian economy.
After softening this quarter,
real consumer spending is expected to rebound early next year amid a tightening labor market and a renewed decline in gasoline prices, helping to offset persistent economic headwinds.
After increasing at an average annual rate of 1.9 percent in the first three years of the expansion,
real consumer spending has expanded by 2.8 percent per year over the past year and a half, according to the U.S. Census Bureau.