In a Catch-22-type situation, stock-market volatility, a poor housing market and high unemployment are depressing consumer spending … which, in turn, is making companies reluctant to expand payrolls. Flat consumer spending and personal income levels are only the latest indication that the economy would continue to struggle in the second half of the year. The New York Times Aug. 4, 2010
U.S. Consumer Spending and Personal Incomes Stagnate in June
At HSN, Wolfgang Puck Pots and Pans Are Signs That Wallets Are Opening…
Toys R Us has added $5 toys to its less-than-three-dollar section. Lowe’s is pitching expertise, instead of just price, in its circulars. And some luxury stores are prominently displaying $1,500 python-skin shoes instead of the cheapo $700 patent leather ones highlighted during the recession. In the TV shopping space, HSN is again breaking out the $250 Wolfgang Puck pot sets. Toledo Blade May 19, 2010

Maybe the answer to the DRTV challenge for the foreseeable future is this: stock more toys. In September and October, sales of women’s apparel fell precipitously compared with the prior-year period, as women — and especially mothers — dramatically reigned in their personal consumption in advance of the Holiday shopping season. “Some 61 percent of mothers said they would shop less for themselves this year, compared with 56 percent of all women and 45 percent of men.” The last items to be cut from family budgets will be presents for the children. As Kristen Hunt of Safety Harbor, Fla., (pictured above) said, “I want [my daughter] to be able to look back and say, ‘Even though they were tough times, my mom was still able to give me stuff.’” The New York Times Nov. 25, 2008
Consumer Spending Flat in August
Consumer spending in August turned in its weakest performance since the last “flat” month — February. Some observers attribute the poor performance to the drying-up of the government stimulas well. The last of those checks went out mid-July. The New York Times Sept. 29, 2008

