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Thomas J. Engibous, the chief executive of Texas Instruments, said yesterday that electronics makers needed to create new products to spur consumer interest and revive sales.
The media company is trying to spur consumer interest about the format with five of their classic animated films.
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And the Federal Reserve's decision on Tuesday to cut interest rates, its ninth move this year, should ultimately help spur consumer spending.
To stave off recession, the Federal Reserve has cut interest rates six times this year, driving down borrowing costs as a way to spur consumer spending and business investment, things designed to bolster economic growth.
Those cuts are intended to spur consumer spending and growth.
The proposed payroll tax cuts for individuals should spur consumer spending and in turn, prompt companies to hire more people.
What will spur consumer spending?
Throw into the mix a still-sour economy and the war in Iraq, and a few hundred dollars in tax cuts and plummeting interest rates did little to spur consumers into resuming discretionary spending.
It is possible that the cut in interest rates by the Fed will spur consumers to spend, thus slowing or stopping the cycle of bankruptcies.
Spurred by consumer interest, cruise lines now say they'll follow the sun almost anywhere.
Greater awareness could spur consumers to demand retailers offer recycling of their synthetic fabrics.
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CEO of Professional Science Editing for Scientists @ prosciediting.com