Topic: Consumer Spending
US third quarter growth revised down to 2.8 percent
AFP Global Edition
<div><p>US economic growth in the third quarter was slower than initially estimated, the Commerce Department said Tuesday in cutting its estimate to a 2.8 percent annual pace of expansion.</p><p>The gross domestic product (GDP) figure was revised ...
Analyst says Dolby Labs at fair value; stock sinks
AP News
<div id="subtitle">Dolby Laboratories shares fall after analyst reads more weak consumer spending in 2010 outlook</div><div><p>Shares of Dolby Laboratories Inc. dropped Wednesday after an analyst said the audio technology maker's outlook for 2010 implies recovery in ...
Popular economic misconceptions
Stockhouse
<div id="subtitle">The unbalanced economy will undergo a painful readjustment to get back in line.</div><div><p>The "paradox of thrift"
The "circular flow of income" theory favoured by Keynes and his disciples holds that one man's spending is ...
September retail sales improve but still weak
AP News
<div id="subtitle">September retail sales improve but some barely match 2005, SpendingPulse reports</div><div><p>U.S. retail sales figures from a key data service show signs of a rebound in September from last year's deep plunge.</p ...
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