Consumers living in recession - scarred Las Vegas came in a close second,
with consumer debt levels in the Nevada tourist town falling by 4.05 percent.
Not exact matches
Forget about household spending:
with debt at record
levels,
consumer spending on new goods and services will be restrained.
Their
debt now is in excess of 160 % of disposable income, a
level that suggests
consumers will be more inclined to get right
with their lenders than to continue spending at their post-crisis pace.
Actual results could differ materially from those expressed in or implied by the forward - looking statements contained in this release because of a variety of factors, including conditions to, or changes in the timing of, proposed real estate and other transactions, prevailing interest rates and non-recurring charges, store closings, competitive pressures from specialty stores, general merchandise stores, off - price and discount stores, manufacturers» outlets, the Internet, mail - order catalogs and television shopping and general
consumer spending
levels, including the impact of the availability and
level of
consumer debt, the effect of weather and other factors identified in documents filed by the company
with the Securities and Exchange Commission.
Risks associated
with the
Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory levels and pressure from e-commerce players; reduction in traditional advertising dollars; increasing household debt levels that could limit consumer appetite for discretionary purchases; declining consumer acceptance of new product introductions; and geopolitical uncertainty that could impact consumer se
Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory
levels and pressure from e-commerce players; reduction in traditional advertising dollars; increasing household
debt levels that could limit
consumer appetite for discretionary purchases; declining consumer acceptance of new product introductions; and geopolitical uncertainty that could impact consumer se
consumer appetite for discretionary purchases; declining
consumer acceptance of new product introductions; and geopolitical uncertainty that could impact consumer se
consumer acceptance of new product introductions; and geopolitical uncertainty that could impact
consumer se
consumer sentiment.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing
levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the
level of disposable income of
consumers or
consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated
with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing
debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing
debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy
levels at different times of the year; our ability to keep pace
with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company
with the Securities and Exchange Commission.
It creates a model using data from the Federal Reserve Board's Survey of
Consumer Finances and other datasets to estimate household
debt and assets, comparing the projected
debts and assets of a college - educated household
with average
levels of education
debt to a similar household without
debt.
The proliferation of communication technologies, the changing structure of everyday life (due largely to technology), the growing complexity of family life, the changing understandings and norms of sexual conduct and the expansion of
consumer culture (as evidenced by unprecedented
levels of
consumer debt) are only a few of the conditions that present pastors
with new kinds of demands.
With global growth barely budging and government and
consumer debt at extremely high
levels, it's conceivable that rates could stay this low indefinitely.
In a country where
consumers have grown accustomed to low rates, and where households are burdened
with record
levels of
debt relative to income, this kind of change is worth noting.
Rising affluence and rising
debt have become almost indistinguishable, as year - over-year
consumers embrace higher
levels of
debt together
with lower
levels of savings.
The
consumer credit rating agency says the
level at the end of the third quarter was up 7.4 per cent from $ 1.409 trillion a year ago,
with non-mortgage
debt held by Canadians now standing at an average of $ 20,891.
«
Debt settlement companies are the only truly independent voice for the consumer when dealing with overwhelming levels of consumer debt and we are pleased that the FTC recognized that debt settlement is not only an appropriate alternative but also a necessary service when delivered by a legitimate debt settlement services provider.&ra
Debt settlement companies are the only truly independent voice for the
consumer when dealing
with overwhelming
levels of
consumer debt and we are pleased that the FTC recognized that debt settlement is not only an appropriate alternative but also a necessary service when delivered by a legitimate debt settlement services provider.&ra
debt and we are pleased that the FTC recognized that
debt settlement is not only an appropriate alternative but also a necessary service when delivered by a legitimate debt settlement services provider.&ra
debt settlement is not only an appropriate alternative but also a necessary service when delivered by a legitimate
debt settlement services provider.&ra
debt settlement services provider.»
The agencies — the Board of Governors of the Federal Reserve System, the
Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency — and the SLC recognize that the competitive job market, traditionally low entry -
level salaries, and higher student
debt loads can contribute to some borrowers preferring greater flexibility
with their payments as they transition into the labor market.
Total
Consumer Debt as % of Discretionary Income (Send me email for the chart) The problem with the «consumer debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the c
Consumer Debt as % of Discretionary Income (Send me email for the chart) The problem with the «consumer debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
Debt as % of Discretionary Income (Send me email for the chart) The problem
with the «
consumer debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the c
consumer debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
debt as percentage of discretionary income» measure (the above chart) is that it ignores the true cost of
debt since higher debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
debt since higher
debt levels in a low - interest - rate environment may not result in a high debt service burden (interest and principal payments) on the consu
debt levels in a low - interest - rate environment may not result in a high
debt service burden (interest and principal payments) on the consu
debt service burden (interest and principal payments) on the
consumerconsumer.
Credit Canada CEO, Laurie Campbell discusses why Canadians should not celebrate a dip in
consumer debt levels in the fourth quarter
with BNN Anchor of The Close.
«
Consumers are thinking twice before increasing their
level of
debt,
with many using credit cards as a payment vehicle rather than a tool to finance purchases,» said Chessen in the release.
Poor understanding of the contracts between
consumers and card issuers is a factor in high
levels of credit card
debt and the ills that go along
with it, says David Jones, president of the Association of Independent
Consumer Credit Counseling Agencies.
Consumer debt is growing; bankruptcies have soared 54.3 per cent over the past year
with those in the know saying this would have happened
with or without the recession; and, most disturbing, is the fact that
debt is becoming a serious problem among young Canadians,
with a growing number approaching Credit Canada
with levels of student
debt and credit card
debt that are out of control.
Despite the higher
level of household
debt, Canadian household finances are stable
with consumer bankruptcies down by 1.7 per cent and 90 - day - plus delinquency rate falling by 6.4 per cent year - over-year.