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In the years since, a variety of public health scares – from Sars and avian flu to swine flu – spurred consumer demand for such products.
With nearly 30 million online banking customers and the nation's busiest bank Web site, the failures spurred consumer anger, with account holders in some cases unable to pay bills electronically or check their balances.
With equity prices weakening in response to reduced earnings from higher costs and a more moderate pace of sales, the "wealth effect" that spurred consumer spending is being significantly attenuated.
The purchase will give GUS a foothold in the fast-growing home improvement market at a time when low borrowing costs have spurred consumer spending on houses and home furnishings.
Alan Greenspan, the Fed chairman, has made it clear that he expects to keep raising interest rates until the economy slows, and he has forecast that the stock market's surge will slow or reverse, thus dampening the wealth effect that has spurred consumer spending.
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After all, it was the emergence of catalogues of Blu-ray movies made available by the studios not the feeble efforts by television broadcasters that spurred consumers to buy HD television sets.
According to Autodata, 1.45 million vehicles were sold during the month, a 3.4 percent improvement over last year, as a strengthening housing market and low interest rates spurred consumers and businesses to replace aging models.
More important, it set the benchmark generation rates for traditional utilities at a fairly high level, which made some outside competitors' prices look favorable in comparison and which spurred consumers to choose new power providers.
C1 Strong Quarter at Citigroup Citigroup reported strong results as low interest rates spurred consumers and businesses to borrow more, but analysts worry that earnings growth could slow later this year, especially if interest rates rise.
U.S. retail sales at discount, chain and department stores rose during the first fortnight of April, as warmer-than-normal weather spurred consumers to shop, Instinet Research said on Tuesday.
Those cuts are intended to spur consumer spending and growth.
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