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Even so, most buyers don't hold on to their indexed annuities until expiration, consumer advocates say.
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Mr. Goldman said that none of the latest batch of suspect beef was in stores now because the product would be well past its expiration date, but that consumers might still have some of the meat at home.
To stimulate private spending, the government is experimenting with a scheme to distribute shopping vouchers with expiration dates to force consumers to spend.
Requires stores to tell consumers about any expiration dates, fees or replacement policies on gift certificates or gift cards.
Add the decline in consumer spending to the planned expiration of government stimulus spending, and a painful readjustment in demand for goods and services could occur, economists say.
Consumer Reports says many foods are still safe to consume after the printed expiration date.
According to a new study from the Natural Resources Defense Council and Harvard Law School's Food Law and Policy Clinic, most expiration dates are meaningless and confusing for consumers.
Royal Philips Electronics, Europe's largest maker of consumer electronics, said yesterday that the expiration of some of its patents on compact discs would reduce its annual royalty revenue by 100 million guilders ($42.9 million) starting this summer.
Most consumers have contracts that aren't near expiration.
Consumer groups had wanted more testing than the new rule would require, and had urged that ready-to-eat meats carry mandatory warning labels for high-risk consumers and that the packaging list an expiration date.
"Credit cards are unsecured lines of credit with no set expiration date, which makes them one of the riskiest forms of consumer lending," said Lisa B. Westermann, a spokeswoman for Wells Fargo.
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