Declines in consumer spending during decennial recessions: last one is current

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Bakers warn of hike in price of bread
LOCAL bakers on Tuesday assured consumers that the price of Pinoy Tasty will remain at their current level, but warned of a price hike for their branded loaf breads because of rising flour prices. In a statement, the Philippine Baking Industry Group Inc., along with the Filipino Chinese Bakeries Association Inc. and Federation of Bakers [...]
Read more on The Manila Times
Revamped Website Answers Questions About Heart Health
San Francisco, June 22, 2011 Consumers looking for information on heart health now have easier access to information on cardiac diseases/conditions and treatments/procedures, courtesy of California Pacific Medical Center.Consumers who visit www.cpmc.org/cardiac can read a variety of information, see videos, find top physicians and surgeons and request free heart health …
Read more on PitchEngine
Lastest Consumer Fraud News
Oklahoma Tapped For Intensive Criminal Justice Study
State leaders say Oklahoma has been chosen for an intensive study of its criminal justice system with the intention of reducing prison overcrowding and improving public safety.
Read more on KWTV News9
Combat Sneaky Cyber Predators Wherever They May Lurk
TEMPE, Ariz. — By Denise Richardson, Presented by LifeLock
Read more on GlobeNewswire via Yahoo! Finance
Suspected Members Of ‘Pantyhose Posse’ Indicted In OKC Bank Robberies
The U.S. Attorney for Oklahoma’s Western District has filed federal charges against two men accused of pulling pantyhose over their heads and robbing metro banks.
Read more on KWTV News9
Topeka City Attorney Joining AG’s Office
Attorney General Derek Schmidt announced Wednesday that Jackie Williams will serve as an assistant attorney general for consumer protection beginning July 1.
Read more on WIBW Topeka
Lastest Consumer News
Antenna Positioned in the Visionaries Quadrant of the Magic Quadrant for Mobile Consumer Application Platforms
JERSEY CITY, NJ–(Marketwire – 06/24/11) – Antenna Software , Inc., helping enterprises to build, manage and publish mobile apps and websites that transform business, today announced it has been positioned by Gartner, Inc. in the “Visionaries” quadrant of the Magic Quadrant for Mobile Consumer Application Platforms (MCAP) report by William Clark, Michael J. King and Linda Dozier.(i) According to …
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Consumer prices up 3 percent in first 5 months of 2011
Figures released by the Consultation and Research Institute indicate that the Consumer Price Index went up by 2.95 percent in May 2011 compared to December 2010.
Read more on The Daily Star Lebanon
Punchbowl awarded “Best Consumer Tech that Makes Life Easier” at the 2011 MITX Innovation Awards
Start to finish party planning site given highest honor for consumer technology at MITX Awards.
Read more on PRWeb via Yahoo! News
Lastest Consumer News
Consumer inflation in June is very likely to exceed 6% y/y following May’s 5.5% rise, the newspaper warned
And while the developed world wonders whether or not Greece will default (it will), the real news continues to come from the new “White Knight” and IMF replacement, China, which according to the China Securities Journal is about to see an unprecedented surge in inflation, making life for the schizophrenic PBoC (on one hand handing out liquidity, on the other reeling it back in with rate hikes …
Read more on Haaretz Daily
StayinFront Introduces Mobile Consumer Goods CRM
Consumer Goods Field Reps Using StayinFront TouchCG(TM) Can Access CRM Data on iPhones, iPads and Android(TM)- Based Devices
Read more on Marketwire
Lastest “consumer Spending” News
Obama’s desperate oil play
Four reasons are emerging for President Obama’s surprise decision Thursday to release 30 million barrels of oil from the nation’s strategic reserve — economic stimulus; a looming supply shortage; a wake up call to OPEC; and a warning shot to speculators in the oil market.
Read more on CNN Money
GROWTH STILL WEAK
The U.S. economy was a little stronger than originally believed but still struggling in the first three months of the year, according to the government’s final reading on the first quarter.
Read more on CNN Money
US economy still struggles
The US economy, which limped ahead at a 1.9 percent growth pace in the first quarter, is still struggling to regain momentum two years after emerging from a deep recession, economic data suggested Friday.
Read more on Bangkok Post – Thailand’s English news
Lastest Consumer Debt News
Anti-Debt Poster at NCSU(1 of 2)

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One of the posters marketing against personal debt at NCSU on 23 Sept 2009.
Hopefully, we are able to convince some students to stay away from excessive personal debt while they are in college.
Fed to end bond-buying program amid worsening economic forecasts
The Federal Reserve says its 0-billion bond-buying program will lapse, as scheduled, at the end of the month and interest rates will remain near zero. Both moves were expected. Amid increasing political pressure and turbulent financial conditions in the world economy, the Federal Reserve is letting its massive bond-buying stimulus program expire in the next few days without a new initiative …
Read more on Los Angeles Times
Sensex reverses early losses; gains seen short-lived
MUMBAI (Reuters) – The BSE Sensex reversed early losses and rose 0.3 percent on Thursday as investors picked up beaten down stocks, but the gains are seen as temporary amid caution due to stubbornly high domestic inflation and rising interest rates.
Read more on Reuters via Yahoo! India News
Lastest “consumer Spending” News
Where Do My Tax Dollars Go?

Image by e20ci
Obviously not to garbage collection in our nation’s capital.
This was not all the garbage I saw, either. Every single one of the trash cans I saw in and around the National Mall was just like this. Or worse.
Granted, it was early on a Sunday morning, but still…
Tenuous Link: Neglected
MSH Dec. ‘08: Er…did you keep the reciept? (Because I think I want my tax money back…)
Perkins files for bankruptcy
Perkins & Marie Callender’s Inc., the owner or franchiser of about 600 restaurants — including five in the Lehigh Valley region — filed for bankruptcy Monday amid reduced consumer spending and higher costs for staples such as sugar, eggs, coffee and dairy products.
Read more on The Morning Call
Consumer prices rise by smallest amount in 6 months
Separate report from the Federal Reserve showed that U.S. factories produced more goods in May.
Read more on Richmond Times-Dispatch
Q&A: Geoffrey EJ Dennis, Citigroup Global Markets Inc
While the US economy is crawling back to normalcy, uncertainty prevails in the euro zone regarding growth rates, likely default by some member-countries and high joblessness. China’s economy is also slowing as the country’s central bank has been gradually raising interest rates.
Read more on Business Standard India
Americans’ home equity near a record low
Falling U.S. home prices have shrunk equity so much that the proportion of their homes that Americans actually own is near its lowest point since World War II.
Read more on MSNBC
Lastest Consumer Debt News
Mad Catz Fiscal Fourth Quarter Net Sales Rise 28% to Record Million; Diluted Earnings Per Share of China inflation hits 34-month high in May, rate rise seen
China’s inflation accelerated in May to 5.5 percent, its highest level in almost three years, suggesting the central bank will tighten monetary policy further even as economic growth slows down.
Read more on Reuters via Yahoo! News
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Mad Catz Interactive, Inc. :
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Swiss Franc’s New Surge May Force SNB to Keep Benchmark on Hold
The Swiss franc’s surge to a new record may force central bank President Philipp Hildebrand to keep borrowing costs near zero for another quarter.
Read more on BusinessWeek
Lastest Consumer Debt News
Avago Technologies Limited Announces Second Quarter Fiscal Year 2011 Financial Results
Avago Technologies Limited , a leading supplier of analog interface components for communications, industrial and consumer applications, today reported financial results for the second quarter of its fiscal year 2011, ended May 1, 2011, and provided guidance for the third quarter of its fiscal year 2011.
Read more on Business Wire via Yahoo! Finance
Stocks end modestly higher as energy gains
The Dow rose about 38 points, with DuPont rising and Verizon falling. The Nasdaq rose about 15 points.
Read more on The Christian Science Monitor
U.S. mortgage debt falls at a record pace
Americans are reducing mortgage payments at a record clip, directing cash that once went for debt into consumer spending and savings.
Read more on The Tennessean