JAPANESE CONSUMERS WORSE OFF.
After more than 20 consecutive months of declining real wages, Japanese consumers find themselves considerably worse off than they were in 2001. The average household is likely to keep high-end purchases on hold until consumer confidence bounces Bounces is a 1985 sports/fighting game released for the Commodore 64 and ZX Spectrum.
Points are scored by catching and throwing the bouncing ball into a goal, or by knocking the opponent out with the ball or hand-to-hand combat. back from depressed levels registered so far this year.
One of the worst enemies of consumer confidence this year is unemployment. The jobless job·less
1. Having no job.
2. Of or relating to those who have no jobs.
n. (used with a pl. verb)
Unemployed people considered as a group. Used with the. rate should gradually rise from 5.5 toward 6 percent during the latter half of 2003 and that bodes ill for sales of automobiles and major household appliances. No significant year-on-year gains in sales of high-end durables Durables
A category of consumer goods, durables are products that do not have to be purchased frequently. Some examples of durables are appliances, home and office furnishings, lawn and garden equipment, consumer electronics, toy makers, small tool manufacturers, sporting goods, are likely to emerge until the fourth quarter when modest growth of from 1 to 3 percent will be noted.
The weak residential real estate market will put downward pressure on demand for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. associated with construction of new units. Orders for construction equipment and building materials Building materials used in the construction industry to create .
These categories of materials and products are used by and construction project managers to specify the materials and methods used for . should show year-on-year losses of 1 to 3 percent through most of the remainder of this year. The construction sector is being hurt by low demand in both the residential and industrial sectors. Industrial plant expansion projects are not likely to be dusted off until well into 2004 but an increasing percentage of production capacity will shift to China over the next couple of years.