Home » Major Trends and Insight, Podcasts » US Consumer Spending: Not Strong Enough to Lead to Economic Recovery


September 27, 2012

US Consumer Spending: Not Strong Enough to Lead to Economic Recovery

IStock_000000614392XSmall

The United States' economy, the largest in terms of total GDP measures by purchasing power parity, suffered an economic recession during 2008-2009 like much of the world. However, consumer spending in the US has not been robust enough for a strong recovery. Consumers do not have the resources to spend, even with low interest rates, economic bailouts, and tax cuts. However, consumers spent more in July 2012 than previous months, leading to a hopeful yet reserved outlook for the rest of the year.

Download this episode as an MP3

 


« Encuentro Solae | Main | Home Furnishings: Category Overview »

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


View our YouTube Channel Follow Euromonitor on Twitter Become a Fan on Facebook Connect with Euromonitor on LinkedIn

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Rum's Image Problem in Chile Leads to Dramatic Decrease in Sales

Daremos una conferencia en Espacio Food & Service 2014

Glacéau: Revisiting Opportunities and Challenges

Haier Encounters New Challenges

Smaller Emerging Markets Still Shine in 2014

Euromonitor to Speak at Vitafoods Asia 2014

Euromonitor to Speak at 3rd ICIS European Butadiene & Derivatives Conference

In Focus: Income Inequality between Men and Women to Worsen in Asia Pacific

Emerging Markets Among Highest Growth in Employment in Finance

Grooming Routines Around the World