Consumers tighten purse strings
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Consumers in the UK are becoming more prudent when it comes to getting into debt, according to financial advisers.
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Consumers, the heart of the American economy, are showing signs of flagging in a worrying development 10 weeks ahead of November 2 elections, analysts said.
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Despite a flailing U.S. economy and a national housing crisis, gasoline prices are the leading factor in changing American consumer spending, according to a survey by the National Association of Convenience Stores.
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U.S. consumers spent an estimated $535 more on gasoline in the past year, but some consumer goods categories benefited as people shifted away from luxuries such as dining out and stayed home, according to a new study.
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A few little changes in behavior can reap big savings.
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Recent consumer spending suggests that the economy may not be slowing as suddenly as some economists had thought.
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US consumers kept a closer eye on their wallets as they moved into the holiday shopping season, boosting their spending by a modest 0.2 per cent in November.
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Manufacturers and consumer advocates offer a handful of precautions to lessen the chance of a meltdown.
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Consumers are feeling the pinch after five interest rate rises in less than a year, with a slowdown in the rampant housing market, ebbing consumer morale and a drop in retail sales, data show.
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Heavy consumer spending in the United States strains the global economy and also sustains it.
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Retailers in the region soon will have some new competition, and shoppers will have more choices about where to spend their money.
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A jump in consumer inflation raised concerns among investors about how much freedom the Fed has to continue a campaign aimed at freeing up tight credit markets.
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When the going gets tough, the tough go shopping.
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Businesses reined in spending on major purchases last month, a sign that corporate America is pulling back as the economy slows down.
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Retailers are increasingly offering ways for consumers to shop online but pick up their goods in stores, letting customers avoid shipping costs.
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WASHINGTON Sept. 30, 2004 - Consumers were tight-fisted with their money amid soaring gasoline costs last month while hurricane-related disruptions sent applications for jobless benefits to their highest level in seven months.
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Consumers pay the price for high merchant fees.