Logo
  • About Wired PR News
  • Guidelines / FAQ’s
  • News Desk
  • Contributors
  • Online News Distribution
  • News Tags
  • Press Release Distribution
  • Submit Press Release
  • Pricing
  • Business
  • Dallas
  • Entertainment
  • Fashion
  • Law
  • Mesothelioma Asbestos
  • Press Releases
  • Real Estate
  • Technology
  • US Presidential News
  • whistleblower

Consumer Spending Down Even More – US in Deeper Recession

Consumer spending reaches new lows pulling the economy into deeper recession.

Wired PR News.com – Consumer spending has continued to drop as the economy digs deeper into financial distress. As reported by the Associated Press (AP), consumer spending reached unprecedented levels in December with six consecutive declines as companies continue to announce mass layoffs.

Consumer spending is deemed a key economic growth factor, however with so many households choosing to save rather than spend their money, it has become more difficult to predict when the economy will begin to see sure signs of recovery. Nigel Gault, an economist with HIS Global Insight, is quoted in the report as stating, “It is going to be hard to get the economy going again…We are very much reliant on whatever help the government can provide through the stimulus package and through the efforts of the Federal Reserve and the Treasury Department to help the financial system.”

It's only fair to share...Pin on Pinterest
Pinterest
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Share on Google+
Google+
Share on Facebook
Facebook
Email this to someone
email
Print this page
Print
Tags: consumer spending, economy, government, Layoff, recession, recovery, spending, stimulus
February 3, 2009   Tiffany Cherry - WiredPRNews.com Press Release Reporter
Business, News consumer spending, economy, government, Layoff, recession, recovery, spending, stimulus
×

  • Oscar Surprises in Store
  • Phelps Marijuana Photo

Press Release & News Distribution Topics

  • Arabic PR
  • Art
  • Auto News
  • aviation news
  • Bollywood News
  • BP OIL Spill News
  • Business
  • California
  • Call Center News
  • Copyright Law
  • Dallas
  • e-commerce
  • Education
  • Electronics
  • Employment Law
  • Entertainment
  • Family law
  • Fashion
  • Featured Stories
  • Food & Beverage
  • golf news
  • Green
  • Health & Fitness
  • Hollywood News
  • home decor
  • insurance
  • iPhoneNews
  • Law
  • Media News
  • Medical News
  • Mesothelioma Asbestos
  • military-news
  • Money & Finance
  • music news
  • new york
  • New York City
  • News
  • Noticias en español
  • Opinions
  • Personal Finance
  • Personal Injury Law News
  • Press Releases
  • Real Estate
  • Religious News
  • Restaurant Reviews
  • Social Media News
  • Social Responsibility
  • South Florida News
  • Sports
  • Technology
  • Top Stories
  • travel
  • UK Press Release
  • US Presidential News
  • VoIP News
  • Weather
  • Web Technology
  • Weddings
  • whistleblower
  • World News

Recent Posts

  • Reliable Garage Repair Solution in San Antonio TX is Ready to Help
  • How Commercial Air Filtration Systems Help with Office Productivity
  • Business Planning a Vital Element to Success, Shares Coaching Company Top Coach Consulting
  • NFM Lending named a Top Workplace for Eighth Straight Year
  • Get New Followers on Instagram Using These Techniques

Share Buttons

Pin on Pinterest
Pinterest
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Share on Google+
Google+
Share on Facebook
Facebook
Email this to someone
email
Print this page
Print

Tags

accident asbestos Business California cancer clean air solutions clouse dunn khoshbin Dallas dallas employment death economy Education employment law attorney Employment Lawyer employment lawyers facebook Florida google government Health Hollywood insurance jonathan c reiter Lawsuit lawyer marketing Los Angeles marketing mesothelioma mortgage new york New York City nfm lending Obama Parcel2Go president Real Estate recession Search Engine Optimization social media study Texas texas employment Twitter U.S. Washington
News Tags >>

  • Our News on Google News
  • Yahoo News
  • Writing a Press Release
  • Press Release Distribution Services
  • A Sample Press Release Template
  • Social Media Press Release Distribution
  • Search Engine Optimized Press Release
  • Online News Distribution Benefits
  • Affordable SEO News Pricing
  • Dallas News
  • Latest Press Releases
  • Lawyer Press Release Service
  • News on Major online news sites
  • Google Local SEO
  • WiredPRNews Blog
  • WiredPRNews Feeds
Copyright © 2019 WiredPRNews.com | Press Release Distribution