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Topic: Consumer economy


  
  Encyclopedia :: encyclopedia : Consumer   (Site not responding. Last check: 2007-11-02)
In standard microeconomic theory, a consumer is assumed to have a budget which can be spent on a range of goods and services available on the market.
Under the assumption of rationality, the budget allocation is chosen according to the preference of the consumer, i.e.
Within many selling companies "consumer" has come to be a derogatory term which means a "purchaser of products who is not very intelligent." This is in contrast to the meaning of customer, which is defined as "an intelligent purchaser who has power in the purchasing relationship between buyer and seller."
www.hallencyclopedia.com /Consumer   (341 words)

  
 Consumer-driven economy in the making -DAWN - Business; 04 October, 2004
The consumer is also a pivot of the changing development strategies, a paradigm shift from "government-led growth model supplemented by a corporate and industrial sector" to a consumer- led domestic driven economic growth.
However, the rights of the consumers is generally perceived in the context of farm and industrial products when the role of the commodity producing sectors in an economy is being constantly reduced.
For example, consumer financing requires that the rights of the borrowers should be protected in the same manner as that of the lender specially when the bankers are now empowered to repossess mortgaged property without resource to courts.
www.dawn.com /2004/10/04/ebr1.htm   (990 words)

  
 Economy Cars, Compact Cars, Inexpensive Cars
Consumer Reports excels in evaluating factors that other publications gloss over, such as safety features and how beneficial a particular car would be for a family.
The class of "compact cars" or "economy cars" is a little hard to pin down, but for the purposes of our report, we're considering cars with a wheelbase between 100 and 105 inches as compact.
According to Consumer Guide, "Elantra is dull but competent, cornering with noticeable body lean but good stability." Reviewers at Edmunds agree, referring to the highway ride experience as "floaty." The Elantra does have one of the best warranties in the automotive world with a 5-year, 60,000-mile warranty and a 10-year, 100,000-mile powertrain warranty as well.
www.consumersearch.com /www/automotive/economy-cars/fullstory.html   (4766 words)

  
 Effect Of Consumer Debt Economy   (Site not responding. Last check: 2007-11-02)
Taner added that he expects the Russian economy to recover in 1999 and hopes that this will have a positive effect on Turkey.
But interest rates are unlikely to come down unless consumer loans nose-dive and the economy...
Consumer debt statistics in the United States presents a grim picture...
www.debt2.info /effect-of-consumer-debt-economy.php   (747 words)

  
 Consumer confidence plunges - Oct. 29, 2002
Consumer confidence is closely watched by Wall Street and economists since consumer spending fuels about two-thirds of the U.S. economy.
Consumer spending has been remarkably resilient despite the recession that began in March 2001, nearly 1.8 million job cuts, last year's attacks, a wave of corporate accounting scandals and falling stock prices.
Consumer spending, driven by automobile sales, was strong in the third quarter and likely will help push gross domestic product up nearly 4 percent in the third quarter.
money.cnn.com /2002/10/29/news/economy/confidence   (835 words)

  
 How to Save the World
This new, acquisitive economy dominates human activity to this day, and defines how we 'make our living': by selling our labour to commercial-industrial enterprises (extractors, producers, distributors, and servicers) whose economic mission is to create and distribute ever more goods and services to ever more consumers.
The economic change requires people to walk away from the capitalist economy and to establish new collaborative enterprises that are motivated strictly by the well-being of their members and not by profit or growth.
It is their willingness to adapt their lifestyle to the needs of our acquisitive economy -- staying home to raise the family, or bringing in a second income, and providing the support and sustenance that men need to operate in the economy (vastly more than men reciprocate), that allows the economy to continue.
blogs.salon.com /0002007/2003/06/02.html   (1280 words)

  
 USATODAY.com - Consumer spending outlook stays solid   (Site not responding. Last check: 2007-11-02)
Consumer spending has held up through the economic downturn that began in 2001 and is largely credited with keeping the economy moving in the last three years.
For example, a consumer who bought a car in 2003 with money from his cash-out refinancing might have still bought the same car but would have taken out a bank loan or charged it on his credit card.
All of this is good news for the economy, because consumer spending accounts for 70% of all U.S. economic activity.
www.usatoday.com /money/economy/2004-01-12-consumer_x.htm   (440 words)

  
 Lesson 4: Products, the Environment and Consumer Choices
Consumer choices aimed at reversing this trend also demonstrate how consumers can use their power to preserve and protect valuable natural resources.
Finally consumers can promote forest protection by buying wood products, if they are made from "certified sustainable wood." Sustainable wood comes from the practice of "sustainable forestry" which ensures that the rate of timber harvest does not exceed the rate of timber growth.
As citizens and consumers, students can learn to press for change, especially where consumption is leading to natural resource depletion and pollution.
www1.umn.edu /humanrts/edumat/sustecon/lessons/lesson4.html   (1687 words)

  
 ACNielsen Trends & Insights - The Economy, the Consumer and the 2003 Retail Outlook
Slightly better than predicted levels of consumer spending (up 3.4% over a year ago), driven by record levels of housing activity and strong auto sales, managed to keep a sluggish recovery on the rails, despite a lack of job creation.
The overall consensus view calls for gradual acceleration during the second half of 2003 as the economy shrugs off the effects of the third successive year of market declines, the tenth post-WW II recession and the looming threat of a double dip in the market.
Consumer spending may decelerate as housing and refinancing activity abates, with the Federal Reserve expected to correspondingly raise the Federal Funds Rate.
www2.acnielsen.com /pubs/2003_q1_ci_economy.shtml   (2356 words)

  
 American Consumer Debt
In short, it is the consumers’ perception of the future that causes them to open their checkbooks and spend, or to close their checkbooks and reduce spending.
It is the psychological impressions of the consumer that determines whether the economy is in a recession or has prosperity.
Now consumers are up to their eyeballs in debt and there is no way to correct this situation except for massive personal bankruptcies or allow time for the consumers to pay down their debt.
www.plim.org /AmericanConsumerDebt.html   (1081 words)

  
 Bloomberg.com: Top Worldwide
Consumer spending rose 0.6 percent in April after a 0.9 percent March gain that was stronger than the government first reported, the Commerce Department said May 27.
The pace of consumer spending expanded 3.6 percent in the first quarter, close to last year's growth of 3.8 percent that was the most since 2000, according to the latest Commerce Department data.
The wage data accompanied a report that the economy grew at a 3.5 percent annual rate in the first quarter, faster than the 3.1 percent the government first calculated last month.
quote.bloomberg.com /apps/news?pid=10000006&sid=aCcEwyeZyrcE&refer=home   (1394 words)

  
 Sustainable Economics, Effective Conservation Uses Durability   (Site not responding. Last check: 2007-11-02)
The consumer economy is not sustainable, but it is necessary to prevent automation from causing unemployment in a world of wage dependence.
Advocates of the consumer economy must deny the limits to growth, or pretend that increased consumption is consistent with resource conservation, or admit that they don't care about stewardship.
Because the consumer economy can't continue, and we will all need to be working less for money and more for love, we must rethink our assumptions about our pretense that everyone should be busy in a paid job just to be a good person.
home.earthlink.net /~durable/PleaseInvestors.htm   (2734 words)

  
 SparkNotes: Measuring the Economy 1: Consumer Price Index (CPI)
The consumer price index or CPI is a more direct measure than per capita GDP of the standard of living in a country.
It is based on the overall cost of a fixed basket of goods and services bought by a typical consumer, relative to price of the same basket in some base year.
The typical consumer in Country B purchases 5 bananas and 2 backrubs in a given period of time, so our fixed basket is 5 bananas and 2 backrubs.
www.sparknotes.com /economics/macro/measuring1/section2.rhtml   (1228 words)

  
 Asia Times
The consumer economy is four times the official estimates of its size.
Further, consumer incomes are growing at about 8.5 percent annually (2002 figures) and the consumer goods segment, worth $260 billion to $270 billion by the group's estimates, is growing at a healthy 13-13.5 percent.
The report admits that income disparities are high in Russia, with the bulk of consumer spending falling in the 20th percentile of the population.
www.atimes.com /atimes/Central_Asia/EF14Ag02.html   (1359 words)

  
 FDIC: San Francisco Regional Outlook, Fourth Quarter 1998: Consumer Credit Portfolios Face Challenges
Robust consumer spending was a major factor in the continued expansion of the economies of the Region and the nation, particularly during the first half of 1998.
The first is the consumer confidence indicator, a broad measure that takes into account both consumers' evaluation of their present economic situation and their expectations for the future.
The 1998 decline in consumer expectations is important because, according to the Conference Board, the expectations measure "has a strong track record in predicting future activity." Moreover, the declines in August and September are large, and there is now a danger of the index value falling below the strong expectations range.
www.fdic.gov /bank/analytical/regional/ro19984q/sf/region2.html   (2344 words)

  
 Citizen Action: Chapter 2
A backlash quickly developed: Consumer activism is undermining public confidence in the business system, "the goose that lays the golden eggs." Consumer activism is depriving consumers of freedom of choice and usurping the powers of state and local government with federal bureaucracy.
Inherent in all of the consumer movement's attacks on anti-competitive practices, slack antitrust enforcement, inadequate consumer information, wasteful corporate subsidies and ripoffs of taxpayer assets is a sophisticated indictment of the distribution of power and wealth in American society.
Because national consumer groups with fifteen million members are having their lawyers and economists renegotiate the installment-loan contracts of Citibank, which by this time is all over the country.
www.nader.org /history/bollier_chapter_2.html   (7309 words)

  
 Consumer   (Site not responding. Last check: 2007-11-02)
consumer report cell phone - consumer report cell phone
california department of consumer affair - california department of consumer affair
consumer report air purifier - consumer report air purifier
www.consumer-in.info   (324 words)

  
 Skittish Consumer Is Economy's Biggest Concern
But with the nation preparing itself for a protracted battle against terrorism, already-skittish consumers might become the economy's biggest problem.
It used to be that tax rebates, easing by the Federal Reserve and low inflation basically assured consumer resilience.
Pointing out that it's the first time U.S. civilians have been targeted, Crescenzi said consumer confidence and spending are "likely to fall sharply" as people now "find less satisfaction in their past spending ways" in favor of "life's simple pleasures like the smile of a child or watching the sunset."
www.thestreet.com /markets/yipingho/10001222.html   (695 words)

  
 deseretnews.com | Economy buoyant: Consumer confidence and home sales up
NEW YORK — The U.S. economy showed signs of resilience on Tuesday, despite rising prices at the gas pump, adding fuel to speculation that the Federal Reserve would continue on its course of raising interest rates.
A widely watched barometer of consumer confidence rose in April to its highest level in almost four years, according to a private research group.
The component of the consumer confidence index that measures how consumers feel now about economic conditions rose to 136.2 from 133.3.
deseretnews.com /dn/view/0,1249,635202541,00.html   (597 words)

  
 ... Subsidizing the Eritrean consumer (economy) - again?
Be it "white" or "fl" capitalism that is installed in Ethiopia, consumers have to be protected from the whims of the market, especially when they are results of encroachment by an enemy that has caused a lot of harm to the very people, from whom it is profiting now.
People who never hesitated to laugh at a neighbor's economic weakness, are not ashamed of their brazenness to scramble for the scarce resources of the allegedly poor economy.
As everybody is aware of, the Eritrean government and people have displayed a great deal of unthankful behavior to the Ethiopian people in general and to the people of Tigray in particular, which was crowned by their rampage on peaceful village societies and by cluster-bombing innocent school children.
www.ethiomedia.com /subsidizing_eritrea.html   (1049 words)

  
 WKRC 12 Cincinnati - Consumer Reports Fuel Economy Tests   (Site not responding. Last check: 2007-11-02)
Consumer Reports engineers run vehicles through a series of tests to determine real-world fuel economy numbers for city, highway, and overall fuel consumption.
Consumer Reports' Auto Price Services' New Car Buying Kit is an interactive tool that guides shoppers through the buying experience and offers the latest information and pricing, as well as test results, side-by-side comparisons for fuel economy and more.
Consumer Reports is one of the most trusted sources for information and advice on consumer products and services.
www.wkrc.com /heyhoward/story.aspx?content_id=356EFCE4-DFF5-4591-8A63-0A4DF6D1E2CA   (930 words)

  
 Consumer confidence sinks for 3rd straight month in October - Oct. 26, 2004
The Conference Board said its consumer confidence index fell to 92.8 from a revised 96.7 reading in September.
Consumer confidence is also important for the economy, since consumer spending fuels two-thirds of gross domestic product, the broadest measure of U.S. economic output.
The percentage of consumers saying jobs are "plentiful" rose to 17.4 percent from 16.6 percent in September, while the percentage claiming jobs are "hard to get" was little changed -- 27.8 percent versus 28.0 percent.
money.cnn.com /2004/10/26/news/economy/confidence   (913 words)

  
 Consumer Debt Economy - Top debt-management resources
American consumers now owe about $1.7 trillion in credit card and other debts -- an amount roughly equal to the gross national product of England and Russia combined.
U.S. consumer credit jumped by a record amount in November, the nation's central bank said Tuesday, thanks in large part to an enthusiastic response to automakers' zero-interest loans.
Consumer debt rose 14.6 percent, or $19.9 billion, in November to...
www.slashdebt.org /consumer_debt/consumer_debt_economy.html   (377 words)

  
 Digital History
The collapse of the new economy at the decade's end would generate economic debates as intense as the cultural conflicts of the early and mid-1920s.
Cars were the symbol of the new consumer society that emerged in the 1920s.
Alongside the automobile, other emblems of the consumer economy were the telephone and electricity.
www.digitalhistory.uh.edu /database/article_display.cfm?HHID=454   (1437 words)

  
 Overcoming the Oligarchy - creating a consumer-driven economy Progressive, The - Find Articles
The struggle for consumer justice is, in many ways, the most comprehensive of economic reform drives.
If the government does not enforce adequately the consumer protection laws covering food, drugs, autos, anti-trust, and occupational safety and health, then consumer well-being is diminished.
When Federal Reserve Chairman Alan Greenspan testifies that the economy could hardly be better, he is using a corporate yardstick, which emphasizes profits and the stock prices he is so intent on boosting.
www.findarticles.com /p/articles/mi_m1295/is_1_63/ai_53531076   (324 words)

  
 Bubblegeneration Strategy Lab   (Site not responding. Last check: 2007-11-02)
Across consumer markets, attention is becoming the scarcest - and so most strategically vital - resource in the value chain.
That is, to try and make sure, wherever possible, each viewer, listener, or reader is consuming media where, when, and how they derive the most value from doing so.
These competences become traps in the Attention Economy: incumbents throw more and more dollars into marketing, star power, and branding, and less and less dollars into production, each marketing dollar chasing a smaller and smaller return on attention, just to keep margins constant.
www.bubblegeneration.com /2005/11/attention-economy-across-consumer.cfm   (1458 words)

  
 Fuel Economy and Consumer Choice Today
Consumers have more choices today in the shape, size, and color of the car or truck they purchase than ever before—choices that exist under current fuel economy standards.
In addition to a wide variety of nameplates, consumers can make a broader set of purchase decisions today than they did in 1978.
When fuel economy standards went into effect, small cars dominated the market; today, SUVs and small cars combined have the same market share once held by small cars alone. Improving fuel economy would increase the number of options available to today's consumer.
www.ucsusa.org /clean_vehicles/fuel_economy/fuel-economy-and-consumer-choice-today.html   (199 words)

  
 sales, fashion, retail, consumer, economy, FashionUnited news   (Site not responding. Last check: 2007-11-02)
Bargain-conscious consumers have been anticipating keen discounts because a combination of poor weather and, in some cases, mis-judged fashion lines has left stores such as Zara, Mango, House of Fraser, Hennes and Debenhams concerned that they may have too much unsold stock.
Improving consumer confidence and a 4.8 per cent rise in incomes in the past year are the key factors, say City economists.
The arguments about cashflow, factories' manufacturing cycles, consumers who want to buy next season's goods early, etc, will be colliding with grim weather in January, February and March.
www.fashionunited.co.uk /news/sales.htm   (3569 words)

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