Consumer confidence

> 10 years ago
Reply
Register to post, see what you've read, and subscribe to topics.
bjw
bjw
QLD
3689 posts
bjw bjw
QLD, 3689 posts
13 Jul 2011 12:11pm
Tv reports always talk about how consumer confidence is affecting economic growth.

Economic reports and news stories never change my spending habits, do they affect yours?
doggie
doggie
WA
15849 posts
WA, 15849 posts
13 Jul 2011 10:16am
Nope..
Adoy
Adoy
NSW
238 posts
NSW, 238 posts
13 Jul 2011 12:41pm
No, I still have to consume the same, get paid one week then its gone the next, I think the rate it goes is just getting quicker...
The only economic growth is what the bank gets as it takes for my home loan.
Interest rates should drop so I can consume more with confidence.
felixdcat
felixdcat
WA
3519 posts
WA, 3519 posts
13 Jul 2011 11:09am
Nope, just buy what I need + all the toys I can get without my household dictator putting a veto on. Do not care about news crap about consumers' confidence. It is just like late hours or Sunday trade, the idiots (big retailers) have to realize that we have a fixed amount of dosh to spend monthly the formula is very simple:
disposable income divided by the numbers of shopping hours give you the amount that can be spent per hours, increase the number of shopping hours and the amount per hours will proportionally decrease! .But the cost of running a shop will proportionally increase , the shopping centre occupancy by shoppers per hours first will decrease and the natural selection will make lot of small shop tenants close their businesses .
On a brighter note more shopping hours will be good for people that can't afford heating or cooling their homes to go somewhere comfy for free!
Chris6791
Chris6791
WA
3271 posts
WA, 3271 posts
13 Jul 2011 3:47pm
Not me either, most of my expenses are fairly consistent month by month but my discretionary spending is dictated by the balance on the credit card juggled with my capacity to pay it back with overtime/shift penalties etc.

There is always a new toy that I need urgently, otherwise I might actually have some savings in the bank
the gibbo
the gibbo
WA
776 posts
WA, 776 posts
13 Jul 2011 8:15pm
dumb i know but
I earn it/I spend it, with confidence
Makaha
Makaha
1145 posts
1145 posts
13 Jul 2011 8:39pm
the more doom you hear or read does nothing other than make people fear..
bjw
bjw
QLD
3689 posts
bjw bjw
QLD, 3689 posts
14 Jul 2011 11:23am
That's what I thought. The whole consumer "confidence is at a low which is dragging down spending is a farce". It's always about someone else.
Macroscien
Macroscien
QLD
6809 posts
QLD, 6809 posts
19 Jul 2011 8:31pm
According to recent polls 80% of our teenagers are optimist




the rest don't have enough money for alcohol...
Poida
Poida
WA
1922 posts
WA, 1922 posts
19 Jul 2011 7:27pm
As my friend Barky used to say
"No mon, no fun"
Makaha
Makaha
1145 posts
1145 posts
19 Jul 2011 7:48pm
Its like sheep,if the media whacked some positive news other than the doom sh-t.

Wheel of fortune- a cane farmed came to my store and asked for a discount,I replied,I need to make money and pay my staff,he said,i want a discount,I said ok but I'll have to sack that salesperson over there and he wont be able to buy sugar from the corner store and they will have to sack staff and so will you,he replied so what goes around comes around.YES I replied he is now one of our best customers.

Long store but true.
superlizard
superlizard
VIC
702 posts
VIC, 702 posts
20 Jul 2011 8:10am
is our country perhaps too greedy and the prices of everything too high... ? hence people are looking for better deals elsewhere... online... overseas...
i can't afford to go to a big retail store and pay X amount for something that costs half or a third elsewhere...

the stores in the city were packed every day.. i see people lining up in queues infront of new opening stores...

i still buy equal amount of ongoing necessary consumables every year...

i go to a store and say i legitimatelly found the same thing for X amount, can you match that, and they say "sorry we can't", despite me walking away.

Consumer confidence? or greedy retailers?
Please Register, or first...
Topics Subscribe Reply

Return To Classic site 😭
Or... let us know if a problem, so we can tweak! 😅