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"Demographic trends are likely to dampen spending.
If prices fell heavily, the damage to households' wealth might dampen spending.
Rising interest rates, which remain near historic lows, could dampen spending.
However, the world's biggest mining company gave a cautious outlook, noting that demand in the Chinese market had yet to reflect the government's effort to dampen spending.
Rich countries' growth rates are likely to be squeezed over the next decade as huge household debts dampen spending, and soaring government debt and higher taxes blunt incentives to work and invest.
The world's largest retailer also lowered its earnings forecast for 2005, partly because it thinks higher petrol prices will dampen spending by its core low-income customers.Talks continued between Northwest Airlines and unions in an attempt to head off a strike by mechanics.
Similar(51)
But the Xerox Corporation reported worse-than-expected profit as the weak economy dampened spending by its largest customers.
"Economic factors also have dampened spending this season, and e-commerce was certainly not immune from those effects," he said.
The strong job market is only gradually lifting consumption because many of the jobs created pay low wages, while higher energy prices have dampened spending, he said.
Limited was among the retailers that cut prices in the holiday season after stock market declines and higher fuel prices dampened spending.
Japan has been recovering from a sales tax hike, which dampened spending.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com