Exact(30)
The company blamed reduced consumer spending in a weak economy.
The company attributed the slowdown to a cooling economy and reduced consumer interest in online shopping.
Rising energy and fuel prices have deterred industrial jobs, reduced consumer spending power and driven up inflation.
The clothing company Liz Claiborne slashed its outlook for the holiday shopping season, citing sharply reduced consumer spending.
However, ending the deduction for consumer interest neither reduced consumer borrowing nor raised revenue, because mortgage interest remained deductible.
Simon Property lost almost half its stock market value in the past year as the recession reduced consumer spending and spurred job losses.
Similar(30)
Japanese consumer prices rose 2.5% a year during the 1980s, but economic stagnation has reduced consumer-price inflation to only 1.4% a year since 1990.
That might well reduce consumer choice.
The fall in incomes further reduces consumer demand while also reducing the rate of savings.
This holds that the "tying" of two products is automatically illegal because it reduces consumer choice.
The effort, he argued, would harm the economy by reducing consumer spending.
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