The resulting drop in rates should also encourage consumers to once again purchase big-ticket items
. Corporate earnings growth prospects should improve, enabling stocks to go up on a more sustainable basis.
'This, coupled with food and other basic needs as the consumers' priority, and high inflation are reasons for the household's less favorable outlook on their buying conditions across all big-ticket items
. Nevertheless, Avid will continue to offer innovative products and services with the customers in mind, amid its expectation that both supply and demand factors will stabilize,' it added.
He also mentioned mining sites in the Visayas and Mindanao as big-ticket items
"Consumer aversion to spending on big-ticket items
(such as cars, holidays and large appliances), appears to have been magnified by upward pressures on household debt, as well as stretched cash available to spend.
The live auction will feature 17 big-ticket items
ranging from getaways in Roatan, a Caribbean Bay Island, to a beer pedal party.
These are big-ticket items
unlikely to be paid for by a penny on a pint.
Add up your assets, and don't include cars or other big-ticket items
With more money in their pockets, consumers are buying higher-quality essentials-such as food and household products-as well as more big-ticket items
, such as passenger vehicles.
Though a few economists will be arguing that there is a positive narrative like significant job growth, rise in home purchases and huge spending on big-ticket items
there is also an alternative narrative in which Canadians are sinking deeper into consumer debt.
Manchester-based N Brown has shifted more of its marketing to autumn and winter, is sending out fewer catalogues and cutting credit on big-ticket items
such as TVs.
Auto sales are a closely watched indicator of consumer demand, particularly for big-ticket items
, and the industry accounts for roughly one-fifth of all US retail spending.
Sales of big-ticket items
like art, jewelry and precious metals continued to stand out, posting a 6.3 percent gain, albeit at a slower pace than in the corresponding month a year earlier, when sales in the segment surged 7.1 percent, it said.