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A great resistance to inflation- rising energy costs and change in consumer behavior
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A great resistance to inflation: rising energy costs and change in consumer behavior
Author: Paul Carton compiled: Duanmu clear statement
As early as July, science and technology research firm ChangeWave (variable waves: InvestorPlace Media, LLC’s core members of the enterprise, was founded in 2001. Goal is to create a world-class experts to study the network of follow-up study of emerging trends, technology and other ‘change’ factors that will help business owners develop the best corporate positioning strategy in order to achieve to help companies ‘Hleping You Profit From Change (help you to grasp the change in profits)’ cause of philosophy.) survey: 4525 Consumer pointed out that despite the United States injection of 150 billion U.S. dollars the federal tax rebates to stimulate domestic demand and consumption growth, to help the weak U.S. economy out of the impasse; consumers in consumer spending, but still insisted that economic prosperity can not be optimistic about the 150 billion U.S. dollars compared with 305 million people, 53 trillion U.S. dollars debt , 10 trillion or so in terms of total spending is clearly a ‘drop in the bucket’ so as to enable them to tighten the purse ‘liberal’ up.
In the July survey, we have focused the investigation of the impact of reduced consumer spending, a key factor. As the following chart shows that the main culprit affecting consumer spending to reduce the inflation rate (56%; up 4%) and high energy costs (56%; up 7%).
These two factors since the January surge in consumer spending has brought about a structural negative impact. At the same time, other factors affecting consumer behavior, such as debt reduction (24%), saving more money (18%) and invest more money (8%) have declined. However, in addition to the U.S. sub-prime mortgage crisis, interest rate adjustments, the dollar depreciation, the Federal Reserve and other regulatory policies of a variety of factors influence consumer behavior.
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