The refinancing boom and effects from the tax rebates are waning, so spending on big-ticket items such as cars may be slowing down, ... But spending on services, which is where the majority of the job creation occurs, has held on, and we expect it to pick up. Friday's payroll report should be a good indication of that.
Quotes about big-ticket (9 Quotes)
It's one of the last big-ticket items out there that you can really do your homework and save money on. We try to keep it low-profile, but I guess you can't really keep the light under the basket.
It's the one time of year that people have a lump sum, a bunch of extra cash they can spend on that big-ticket item.
The affordability issue from rising interest rates takes some consumers out of the market. These are big-ticket items for consumers. They are going to be sensitive to interest rates.
It makes sense that search engine users, who arrive at sites they may not be familiar with, are much less likely to purchase a big-ticket item, such as a computer or television, than they are for a toy.
After setting a new record for existing-home sales in August, our internal tracking shows a downturn following the attack on America, and there will be some natural pullback from big-ticket purchases in the months ahead given uncertainty over the future.
People are feeling much more financially secure. Families who are more financially secure are much more likely to buy a big-ticket item, like a house.
Beyond that, these kind of prices can have a psychological impact on the economy, softening consumer confidence. If you are concerned about future prices, you may think twice about purchasing something now, especially if it's a big-ticket item.
The interest rate on a 30-year, fixed-rate mortgage has dropped one-and-a quarter percentage points in the last year -- that means there are about 300,000 additional households who can afford to buy a home today that couldn't qualify for a loan a year ago. Although the slowing economy is causing a little drag on the market, consumers who are confident about their own future are going ahead with big-ticket purchases like homes and cars.