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Consumer Spending

  1. Strategic Travel Symposium: Amex's Gilligan Sees Slow, Not Robust, Corp. Travel Growth

    Article

    Tue, 16 Mar 2010

    … American Express' recent card volume trends paint a far different picture of recovery than past economic downturns, as consumer spending leads the rebound while corporate and especially T&E spending lags behind, Amex vice chairman Ed Gilligan said …

  2. Egencia Bookings Continue Steady '09 Comeback

    Article

    Thu, 29 Oct 2009

    … according to the Bureau of Economic Analysis. Much of the GDP rise was attributed by the bureau to government stimulus packages and other government spending, and increases in consumer spending , especially on new automobiles and housing.

Related Topics:

  1. Kenneth Chenault
  2. Chief Executive
  3. Gary Kelly
  4. Richard Anderson
  5. Bill Marriott
  6. Doug Parker
  1. BTN's 2009 Corporate Travel Index: Domestic Business Travel Pricing Growth Slows

    Article

    Mon, 23 Feb 2009

    … local or state tax, but do include a 15 percent gratuity. Restaurants, like most business sectors dependent on consumer spending , are anticipating protracted softness, but Riehle said sales would reach a new high of $566 million in 2009 …

  2. Marriott Profits Plummet, U.S. Revenues To Decline

    Article

    Thu, 2 Oct 2008

    … However, the company expects the numbers will worsen in the fourth quarter and beyond. "Tight credit, soft consumer spending and a difficult securitization market have lowered our expectations for the fourth quarter and 2009," Marriott …

  3. American Express Reports Strong Corporate Travel Sales Growth

    Article

    Tue, 22 Jul 2008

    … Noting the weakness in the U.S. economy, including deep slides and volatility in the credit market, reduction in consumer spending and record oil prices, Amex chairman and CEO Kenneth Chenault said in the earnings call, "Given the environment …

  4. Corp. Travel Rebound Contributes To Record Amex Quarter

    Article

    Tue, 25 Jan 2005

    … charge," the company said in its earning report. Meanwhile, worldwide air volumes increased 11 percent. While consumer spending surged with the holidays and gave an 18 percent lift to Amex's non-T&E volumes last quarter, T&E charge …

  5. TIA Predicts Stronger Travel Industry

    Article

    Thu, 13 May 2004

    … strong growth this year," said TIA president and CEO William Norman. "Setting the stage are moderate increases in consumer spending , higher levels of consumer confidence, increasing business investments and profits and modest travel price increases …

  6. ExpenseItems - 2003-10-06

    Article

    Mon, 6 Oct 2003

    … percent, to $159 billion, compared with the same period last year. The commercial side exceeded the growth rate of consumer spending for Visa. Spending among small businesses accounted for much of the growth, spiking 26.4 percent to more than …

  7. Visa, MasterCard Report 2003 Growth

    Article

    Thu, 18 Sep 2003

    … billion, up 24 percent compared with the same period last year. The commercial side exceeded the growth rate of consumer spending for Visa. Spending among small businesses accounted for much of the growth, spiking 26.4 percent, to more than …

  8. Distributors Saw Uptick Toward End Of Second Quarter

    Article

    Mon, 11 Aug 2003

    … all-time second-quarter high—on 6 percent higher revenues. The boost came mostly from small-business and consumer spending . "While it's difficult to get too excited about the quarter's T&E-related spending, we have recently begun …

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