首页
登录
职称英语
In the market’s eyes, the latest round of consumer-spending news was good. I
In the market’s eyes, the latest round of consumer-spending news was good. I
游客
2023-08-22
67
管理
问题
In the market’s eyes, the latest round of consumer-spending news was good. It was so good that the stocks had another bubbling day yesterday. The Commerce Department said that retail sales have risen by 1.2 percent in April. Particularly given a weak job market, it is really a bigger jump than had ever been expected. The consumer is not capitulating, as one retail analyst has once declared.
Yes, but why is the reason for that? Questions like this are very difficult to answer, of course. In order to get an explanation, you would have to ask an expert. Then a couple of experts appeared suddenly on the Marketplace, the public-radio show last night to shed light on the mystery of the non-capitulating consumer. I am a semi-regular listener to Marketplace, which generally is an enjoyable show. But even the most thoughtful financial journalism will end up turning to the experts sometimes. What are we supposed to learn from them?
Last night we learned that the consumers are buying value, according to retail-trends analyst Kurt Barnard. This is why Wal-mart and J.C. Penney had the positive results to report yesterday — because, Bernard noted, these days, consumers are looking for low prices. Fair enough. On the other hand, another firm reporting good numbers was Tiffany’s, which said its net income was up by more than 6 percent, partly on the strength of greater sales volume. Sometimes, Barnard explained, low price can be replaced by the value that is attached to a wonderful name such as Tiffany’s.
I see. So consumers like things that are either very cheap or very expensive, but, you know, worth it. Now there’s a fresh insight. It would certainly explain why the retail chain Everything’s Overpriced is under great pressure these days.
Anyway, as if all this was not illuminating enough, another expert stepped into the spotlight: Ken Goldstein, an economist with the Conference Board. According to Goldstein, "People with money to spend and a willingness to spend tend to spend money."
Isn’t that fantastic? Don’t you feel smarter now that the mystery of consumer spending has finally been clarified for you? This sophisticated analysis might even apply in other areas. People with food to eat and a willingness to eat tend to eat. People with time to waste and a willingness to waste time tend to waste time. Really makes you think, doesn’t it?
Actually I guess, maybe it doesn’t. [br] From the third paragraph, it can be inferred that Wal-Mart and J.C.Penney are stores that_____.
选项
A、sell cheap goods
B、provide expensive articles
C、are labeled bargain shops
D、stress the strength of sales volume
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2948257.html
相关试题推荐
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
随机试题
Ican’tgototheNewYear’sconcert;______,100dollarsisjusttoomuchform
[audioFiles]2015m3s/audio_ezfj_ezflisteningd_20151_165[/audioFiles]
Whilelongwalksaregreat,campingforseveraldaysisabetter,more【C1】__
[originaltext]M:Youlikelivinginthecity,don’tyou?W:Oh,Iloveit.It’s
下列哪部歌剧是由剧作家阎肃编剧的?()A、《白毛女》B、《洪湖赤卫队》C、
理想的TDM应测定A.血中总药物浓度B.血中游离药物浓度C.血与血浆蛋白结合的药
通过阅读患者的病历、分析病史及其健康影响因素来评估患者健康需求的方法是()。A
1.实施企业文化传播工程的重点内容是什么?
下列选项中,社会工作通过服务维持社会秩序的是()。A.通过自上而下的行政系统和
一台15MVA双绕组高压厂用变压器,短路阻抗在制造上的误差为+5%和一10%,短
最新回复
(
0
)