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"Our shopper is a more moderate consumer, and a more middle-income consumer is typically more focused on things that take money out of their pocket now, and the obvious ones are rent payments and mortgage payments and fuel prices," along with rising food costs, Mr. Mansell said.
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But moderate consumers and non-drinkers might feel this is unfair.
There were 2,781 abstainers, 33,526 light consumers, 9,547 moderate consumers, and 1,724 high consumers in the study population.
The EIRA study reported that 15% were non-drinkers, 56% were low consumers, 14% were moderate consumers, and 14% were high consumers, figures that are comparable to ours.
Alcohol is scored dichotomously giving a score of 2 for moderate consumers and 0 for above and below the sex-specific range.
Those reporting to be teetotallers or to have alcohol intake less than four times a month or less than 7 AU/2 weeks were categorised as low consumers, those reporting drinking five to eight times a month or 8 14 AU/2 weeks as moderate consumers and those drinking more often than eight times a month or more than 14 AU as heavy consumers.
Thus, intermediary endorsement may moderate consumer decision making and evaluation process of health recommendation systems.
"The rise in energy prices has probably impacted the lower and moderate consumer much more than the high-income consumer," said Mr. Baum of First Boston.
"The Fed should be happy with this further evidence of a coasting manufacturing sector and moderate" consumer demand, said Christopher Low, chief economist at First Tennessee Capital Markets in New York.
Luckily, the seemingly endless range of concerned individuals MacGowan has charmed into his orbit extend far beyond similarly compulsive running mates (Nick Cave) to more moderate consumers (Bono) and complete abstainers, such as O'Connor.
The moderate consumer inflation number means they will likely leave rates unchanged.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com