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Sluggish consumer spending is apt to persist unless income growth picks up soon.
In any case, you don't need to talk about deleveraging to explain sluggish consumer spending.
And here, the sluggish consumer economy has offered big banks little relief.
One argument for the bank to have stayed its hand would have been sluggish consumer demand.
Now they suggest he's become a passive and sluggish consumer of pop culture.
If there is no change, most retail executives expect the sluggish consumer buying to worsen.
Similar(20)
A decline of 1.6% in 1991 was a key reason why the economy shrank that year by 1.4%.Together with the fall in the pound, the weakening housing market heralds a protracted period of sluggish consumer-spending growth.
In a related development, retailer Wal-Mart announced Wednesday that it cut prices and started its holiday shopping push early, hoping to entice sluggish consumers as much as possible.
Business investment is sluggish and consumer confidence is low.
Growth remains sluggish, and consumer spending weakened in the second quarter.
Manufacturing has been a standout performer so far in an otherwise subpar economic recovery, as strong overseas demand for manufactured goods has helped offset sluggish domestic consumer spending.
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