31.   Additionally, consumer spending may slow further in the months ahead because household finances are under pressure from a steady increase in borrowing, analysts said.

32.   Additional productive capacity will become necessary only if consumers spend enthusiastically.

33.   After six interest rate increases by the Federal Reserve, consumer spending on retail is declining.

34.   After the speech, Moskow noted the stock market is only one factor in many that influence how much consumers spend.

35.   Alternatively, retail companies could benefit from gains in consumer spending if Labour holds rates down.

36.   But analysts cautioned that the consumer spending, representing two-thirds of all economic activity, may not be as robust as the latest reports indicate.

37.   But at the same time, he said, consumer spending remains strong, incomes continue to grow and business investment in computers and other equipment remains heavy.

38.   But consumer spending, which is much more important to the economy, held up, preventing the economy from contracting until late summer.

39.   But consumer spending, the key to the economic outlook, still appears to be healthy.

40.   But in the United States, consumers are spending with abandon and economists continue to be surprised by how robust the economy is.