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Without more jobs, consumers will probably spend cautiously, making it harder for the economy to gain steam.
Without more jobs, consumers are likely to spend cautiously, which would keep the economy mired in its slow-growth rut.
If you keep telling people there is nothing you can do to boost growth, it is no wonder that they spend cautiously.
The company said it will spend cautiously in an effort to achieve its earnings goals for the quarter, which ends March 2. The consensus Wall Street forecast calls for a profit of 30 cents a share.
Sainsbury's has cut its full-year sales forecast after warning that customers are likely to "spend cautiously" in the first few months of 2014.
"While the general economic outlook is showing some signs of improvement, conditions in the food retail sector are likely to remain challenging for the foreseeable future as customers continue to spend cautiously," Mr King said.
Similar(53)
"Consumers may be spending more, but they are spending cautiously".
Consumers are spending cautiously and saving more, which makes it harder for companies to raise prices.
Americans are spending cautiously as they save more and pay down debt.
In a shaky economy, companies are spending cautiously on most things, but computer storage in data centers is an exception.
Earnings reports on Wednesday from Target and BJ's Wholesale Club showed that shoppers were spending cautiously because of higher food and gas prices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com