Sentences with phrase «wealthy consumers spent»

Not exact matches

All of that is making consumers feel wealthier, which could lead to more spending.

Does this mean that consumer spending growth will remain robust as increasingly «wealthy» households...

When the national income is shifted from the broad consumer base to the very wealthy, the broad consumer base has less to spend, so the economy lags.

With the world economy poised to regain momentum this year and the penchant among wealthy consumers to spend on travel and gourmet food and wine rather than clothes and accessories, the future is bright for high - end hospitality.

The Chicago Tribune reports that the American Affluence Research Center took a poll among the wealthiest 10 percent of Americans and found that among the 11 million households representing about half of all consumer income in this country, plans to reduce spending will mean a softness in the sale of new motor vehicles in the next 12 months.

Wealthy consumers who spend large amounts on their credit cards each month have a high risk of damaging their credit.

I can't guess what is happening in the wealthier neighborhoods, but I suspect that credit scores might not be seeing the same declines as high card limit consumers cut back their spending to counteract the impact of some limits being lowered.

But it will nevertheless come with two negative effects on economic growth: Consumers will have less equity to tap through their equity lines of credit, and they'll feel less wealthy based on their unrealized gain, both of which will inhibit their spending.

Most of the individual tax cuts accrue the most to the wealthiest Americans, and they are not likely to be an inducement for much new consumer spending.

On average, wealthy consumers with a gross annual household income of at least $ 400,000 spent 225 percent more on their most recently purchased residential property than those with incomes between $ 250,000 and $ 399,999 ($ 2.58 million vs. $ 792,000).