The consumer spending figures are better that what we were expecting... The October revision is important and it shows the trend in the fourth quarter is positive.
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This quote is just one of 6 total David Naude quotes in our collection. David Naude is known for saying 'The consumer spending figures are better that what we were expecting... The October revision is important and it shows the trend in the fourth quarter is positive.' as well as some of the following quotes.
I don't interpret this as a sign of recovery in activity. Rather, the increase in unemployment of the last six to eight months has been too brutal and exaggerated not to generate this type of correction.
We have already had strong July car sales, and now with consumer confidence this strong we get the impression households could repeat the spending spree we saw last summer.
This quote is just one of 6 total David Naude quotes in our collection. David Naude is known for saying 'The consumer spending figures are better that what we were expecting... The October revision is important and it shows the trend in the fourth quarter is positive.' as well as some of the following quotes.