U.S. consumers have been increasing their spending much faster than their incomes. -Nigel Gault

 

U.S. consumers have been increasing their spending much faster than their incomes.


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This quote is just one of 9 total Nigel Gault quotes in our collection. Nigel Gault is known for saying 'U.S. consumers have been increasing their spending much faster than their incomes.' as well as some of the following quotes.

U.S. consumers have been increasing their spending much faster than their incomes.

Nigel Gault

Of course, we don't know whether the price is going to stay at $3. But the longer prices stay at this level, the harder it is to believe that consumers will just carry on doing what they were doing.

Nigel Gault

Within a few months, the deficit will be widening to new records.

Nigel Gault

Companies have reached the limits of what they can do with their work forces. They have to hire more workers.

Nigel Gault

Energy prices were rising before Katrina hit, and while those costs didn't make their way through to finished goods in August, we have to expect higher core inflation in coming months. Firms are saying that they've absorbed so much already that they have to pass on these costs.

Nigel Gault