Posts Tagged ‘consumer spending’

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    How Are We Spending Our Money?

    Aug 11, 10 • 226 Views • No Comments

    Has the recession changed how we spend? Here are the numbers that give some answers according to a summary from Michael Mandel, former BusinessWeek chief economist.: Since the 4th quarter of 2007, we have spent more on: 1) telephone equipment/up by 16.6% 2)...  [read more]

  • Consumer spending

    Jun 21, 10 • 225 Views • No Comments

    In Pursuing Happiness: American Consumers in the Twentieth Century, economist Stanley Lebergott asked us to imagine that automobiles, penicillin, electric washing machines, refrigerators, disposable diapers, electricity, television, and “every...  [read more]

  • The Washing Machine Empowered Women.

    The GDP and Happiness

    Jun 9, 10 • 186 Views • No Comments

    Yesterday’s post about the impact of individual wealth on happiness started me wondering about flush toilets, washing machines, and cars. As our nation became wealthier and produced more goods and services, how did that affect our happiness? To get some...  [read more]

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    A Closer Look At Consumer Spending

    May 5, 10 • 308 Views • No Comments

    We always hear reporters saying that, “Consumer spending makes up more than 70% of the economy…” Mike Mandel, former chief economist at Newsweek, believes the reporters are misleading us. Yes, the consumer component of GDP is 70% of all...  [read more]

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    Economic Facts About Dogs

    Apr 15, 10 • 230 Views • No Comments

    Have you ever thought about the connection between your dog and the economy? During an interview on NPR’s “Fresh Air”, Michael Schaffer, author of One Nation Under Dog, spoke about dogs’ lives. A lot of his stories...  [read more]