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Cubans snapped up DVD players, motorbikes and pressure cookers for the first time Tuesday as Raul Castro's new government loosened controls on consumer goods. (April 2)
| Bankruptcy Filing Rate Among Seniors Increases Amid Rising Costs For Health Care, Consumer Goods, Analysis Finds (Medical News Today) The rate of bankruptcy filings for people older than age 55 has increased since 1991 as a result of several factors, including rising costs for consumer goods and health care, according to a Consumer Bankruptcy Project analysis that will appear in the January edition of the Harvard Law and Policy Review, the AP/Washington Post reports. |
| Consumer Goods Companies Slow at Proactively Monitoring Supply Chain Risk (Industry Week) Aug. 29, 2008 -- Consumer goods companies and retailers are surprisingly placing very little emphasis on proactively monitoring supply chain risk, according to a new study by TradeCard, Inc., a supply chain collaboration platform. |
| Shares Fall on Slow Consumer Spending (New York Times) Wall Street tumbled on Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. |
| Luxury brands show no sign of a let-up in demand (Reuters via Yahoo! News) European luxury goods groups provided fresh evidence late this week that consumer spending gloom has not yet affected buyers of their upmarket fashion, handbags, watches and other accessories. |
| Economic Report: U.S. personal income, consumer spending weak in July (Market Watch) After turning in a strong second-quarter performance, the economy?s stumbled out of the gates to start the third quarter, judging from new government data. Consumer spending and personal incomes both come in lower for July, while inflation shows an uptick. |
