Top Spending Forecaster Greenlaw Sees U.S. Consumer Pickup

American consumers will again be the drivers of the economic expansion in 2011 as employment picks up and wages grow, said David Greenlaw, Morgan Stanley’s chief fixed-income economist.
Purchases will climb 2.5 percent next year, up from the 2.3 percent Morgan Stanley’s New York-based economists projected last month and the 1.7 percent increase they forecast for 2010. The gains are short of the 3.5 percent average advance over the decade leading up to the recession that began in December 2007.
Consumers will be “a significant contributor to the growth outlook,” Greenlaw, the most accurate forecaster of household spending over the past two years according to data compiled by Bloomberg, said in an interview. More jobs “mean we will see incomes grow by about 2.5 percent. You’ll get gains very similar to that on the spending side.”
Greenlaw’s peers this month turned even more optimistic about the outlook for growth and consumer spending, which accounts for about 70 percent of the world’s largest economy. Purchases will grow 2.6 percent in 2011, according to the median estimate of 56 economists surveyed from Dec. 2 to Dec. 8.

http://www.bloomberg.com/news/2010-12-09/greenlaw-as-top-spending-forecaster-sees-u-s-consumer-pickup.html

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O αμερικάνος καταναλωτής είναι σίγουρα όλα τα λεφτά.
Να δούμε όμως και που θα βρει τα λεφτά ο αμερικάνος άνεργος.

παρακάτω: Outstanding consumer credit:

και Outstanding non revolving credit

όπως γράφουν κάποιοι:
Consumer debt is monitored by the Federal Reserve Board, and is one of the leading indicators of growth in the economy.

και να που ίσως στηρίζεται η αισιοδοξία κάποιων (New credit extended):