Sentences with phrase «of weak consumer spending»

The company is facing double headwinds in the forms of weak consumer spending and fierce competition.

Not exact matches

Paul Ferley, assistant chief economist at RBC, expects positive results for consumer spending in the quarter overall (up an annualized 2.8 % in Q2 from a weaker Q1), but noted that retailers are still dealing with modest levels of spending by households.

At the start of the third quarter consumers eased off on spending at department, electronics and furniture stores as retail sales stalled in July, marking the weakest performance in six months, Commerce Department figures showed yesterday in Washington.

The release was a bit of a Goldilocks report for the market, as it continued the narrative that the economy is growing at a healthy pace, but the weakest performance in consumer spending in five years punched a hole in the inflation bubble that hurt the market early in the week.

The U.S. economy posted a 2.3 % annual growth rate in the first quarter of 2018 as consumer spending turned in the weakest performance in nearly five years.

The 0.7 % annualized expansion in gross domestic product (GDP) was the weakest seen since 2014; the slowdown from the previous quarter's rate of 2.1 % was largely due to consumers spending less and slimmer corporate inventories.

After being quite weak during the second half of 1996, consumer spending picked up in the early months of 1997 (Graph 10).

The Australian market is the largest and most stable market of Australian beef and lamb, though it was impacted by weaker consumer confidence and spending on meat in 2011.

Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending and planned austerity measures across many countries.

The BoJ aims to meet its 2 % inflation target; reaching that target has been delayed due to weak consumer spending and the deflationary impact of the drop in oil prices.

Filed Under: Investing Tagged With: Consumer Spending, Dg, Dollar General, Dollar General Corp, Dollar General Stock, Weak Retail Sales Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Dart's down nearly 20 % on the back of weak consumer confidence and spending — but if these trends are cyclical as I believe, the long - term prospects of the business are as rosy as ever.