Recent Economic Current articles

Posted Jun 8, 2009

First signs of how consumers will behave post recession.
Restraint will be the new mantra among consumers, according to the Nielsen Global Consumer Confidence Survey. But, that doesn’t mean they won’t start spending again in the near future.
Respondents to the poll conducted in April, across 50 countries making up 86 percent of the GDP, said they would continue to focus on fiscal responsibility. Yet, “they will allow themselves some of those little indulgences,” said James Russo, vice president, Global Consumer Insights. “Perhaps pent up demand will play itself out and they’ll …

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Posted Apr 3, 2009

The Canadian economy showed signs of improvement in January, while the economies of Germany, Italy and Spain showed signs of weakening economies, according to the latest edition of Nielsen’s Economic Current, which consolidates key consumer data from the company’s global research resources.  The U.S. economy continued to be weak, but showed no signs of worsening.
Other key findings from the survey include:

U.S. consumers reversed a six month trend of declining number of shopping trips and spending per trip.
Consumers in the U.S. and Canada spent more per trip across fast moving consumer …

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