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Letter "M" » Michael Niemira Quotes
«Decent growth in income levels is helping to prop consumer spending. Home demand is holding up nicely and there's also spillover effect from that.»
«a pause in rate hikes is a more likely scenario rather than a rate cut.»
«Luxury has a strong run and it will slow down in 2005. This is more a function of the natural rhythm of retail spending.»
«Despite the fact that gas prices have been creeping up since last year, our research shows that consumers have not really altered their buying of discretionary items, ... I think the effect on consumer spending has more or less been neutral.»
«This number together with the strong April employment performance assuages the fear that the economy was starting to decline.»
«What this report said is exactly what I've been talking about since December.»
«My concern is that the luxury market has topped in terms of spending growth after a two-year upturn.»
«The last-minute rush by consumers may have come too late. I think the season overall was uneven.»
«Looking at November and December together, it seems that retail sales held up pretty well during the holidays, although last month consumers shifted their purchasing power to other categories such as furniture and home goods.»
«Is it enough to say this season could be more than OK? That's still an open question.»