Imports of goods also expanded at a firm pace in the second half of 2003, particularly consumption imports, which rose in line
with robust consumer spending to be around 12 per cent higher over the year; imports of capital and intermediate goods were also sharply higher over the year.
Not exact matches
WASHINGTON, April 18 - «
Robust» business borrowing, rising
consumer spending, and tight labor markets indicate the U.S. economy remains on track for continued growth, the Federal Reserve reported on Wednesday,
with the risks of a global trade war the one big outlier.
Consumer spending is up, optimism is high and we have a
robust labor market
with unemployment at a 17 - year low of 4.1 percent.
Recent indicators suggest that private demand has continued to grow at a
robust rate,
with a pick - up in both
consumer spending and housing activity, following an apparent moderation in growth in the June quarter.
This year's back - to - back increases in
consumer spending, coupled
with numerous reports showing
robust consumer confidence in April and May, had prompted many economists to marvel at
consumers» resilience in the face of so much economic uncertainty.
This year's back - to - back increases in
consumer spending, coupled
with numerous reports showing
robust consumer confidence in April and May, had prompted many economists to marvel at
consumers» resilience in the face of so much economic uncertainty.
2002 was the year of the
consumer,
with many economic soothsayers suggesting that
robust consumer spending was the only phenomenon keeping the economy from a double - dip recession.