Exact(60)
With consumer spending the engine that drives about two-thirds of the economy, the slowdown portended an extended, severe recession.
The poorer these owners feel, the less likely they will indulge in the sort of consumer spending the economy needs to recover.
Also, an economic downturn could affect consumer spending the way it did during the recent recession.
French consumer spending, the motor of expansion over the past decade, is faltering.
It is consumer spending, the engine of economic growth, that concerns economists and analysts most.
The problem is not too little consumer spending; the problem is too few home buyers.
There is no sign yet that consumer spending, the chief motor of the economy, is easing off.
Consumer spending, the main pillar of the American economy over the past two years, seems to be stalling.
Stock prices do have some impact on consumer spending (the richer consumers feel, the more willing they are to spend).
Some economists also argue that high levels of debt are impeding consumer spending, the nation's primary economic activity.
More troubling in the latest figures, consumer spending — the largest component of the economy — was especially slow.
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