Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘consumer behaviors’

Consumers Shift to Online Shopping: What Does It Mean? How Do We Measure It?

Posted by Larry Doyle on May 5th, 2011 8:58 AM |

With gasoline prices running upwards of $4.00-4.50/gallon, we should not be surprised that consumers are changing behaviors. How so? Let’s go online. In fact that is exactly what more and more consumers are doing as the Financial Times highlights, High Petrol Prices Fuel Jump in Online Shopping,

Online shopping grew by its fastest rate in nearly four years in the US last month as rising fuel prices prompted Americans to cut trips to malls and buy on the internet instead, according to MasterCard Advisors.

US consumers spent $13.8bn online last month, a 19.2 per cent jump from April last year, according to the SpendingPulse survey, which is based on spending on MasterCard credit cards and estimates of other forms of payment.

The increase is likely to outpace sales growth at bricks-and-mortar stores, due to be released on Thursday. The consensus of economists’ forecasts is that sales at stores open a year or more rose 7.7 per cent in April.

While consumer behavior changes, are we supposed to blindly accept the traditional methods of capturing and measuring retail purchases? Why should we be so archaic in this day and age? Why should we be so trusting of entities which will “tell us what they think we need to hear” and sugarcoat it in the process.  (more…)

U.S. Economy = “Walking Pneumonia”

Posted by Larry Doyle on March 30th, 2010 12:36 PM |

The other night in my conversation with Richard Davis on No Quarter Radio’s Sense on Cents with Larry Doyle, I defined my outlook for the U.S. economy in 2010 as the equivalent of  ‘walking pneumonia.’  What do I mean? Let’s look at today’s economic releases, Consumer Confidence and Home Prices.

Although pundits may want to promote the rebound in these statistics as a harbinger of economic health, I personally do not think we will see these measures running away from us anytime soon. Have you ever had ‘walking pneumonia?’ I have. You don’t move all that quickly. At times, you wonder what the hell is wrong with you. Welcome to the Uncle Sam economy 2010. (more…)






Recent Posts


ECONOMIC ALL-STARS


Archives