TITLE

Low tide ahead

AUTHOR(S)
Steidtmann, Carl
PUB. DATE
March 2008
SOURCE
Progressive Grocer;3/1/2008, Vol. 87 Issue 3, p76
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the consumer economy, as measured by income growth, consumer confidence, and retail sales, is clearly showing signs of stress, and that stress is coming directly from deterioration in the consumer fundamentals. It is forecast that over the next five years, the share of economic growth going to consumer spending will shrink as consumers retrench and government spending grows. The receding tide of consumer spending will take retail stocks down with it.
ACCESSION #
31610969

 

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