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But it may be prudent for luxury brands to update their customer file with political affiliation and keep tabs on their Republican customers' spending trend as a bellwether for when a bigger change is coming.
Although the Urban Institute researchers stop short of crediting the ACA with the seeming shift in the health care spending trend, they do note that if the Medicare actuaries and the CBO are wrong, and if Obamacare's cost-cutting initiatives are working as Congress intended, the overall numbers could wind up smaller still.
"There were huge job losses, but that did not lead to any deterioration in the consumer spending trend".
"Of course, apprehensions of a possible recession were manifested in November and December, and we are certain to see that reserved spending trend continue in early 2001".
As an example of the spending trend among South Korean consumers, the Bank of Korea said today that South Koreans had charged $2.45 billion to their credit cards while traveling abroad last year compared with $1.94 billion in 2001.
"With the latest data showing pay growth slowing rather than accelerating, the first hike still seems a long way off," said Williamson. "However, if this strong consumer spending trend continues, it's hard to see how some policymakers will be comfortable with holding off with rate hikes next year".
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Spending trends also vary enormously.
First of all, people need to know what the basic numbers are about spending trends.
Chen, Y. et al. Utilization, price, and spending trends for antidepressants in the US Medicaid Program.
Mr. Borst, who keeps close watch on spending trends, said he began to notice a steady stream of cash buyers returning to the market during the last 18 months.
Mr. Coen has tracked spending trends in local and national media, compared ad spending with gross domestic product and examined plans by marketers in categories from airlines to toiletries.
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