... household's decision to travel," said Ken McGill, executive managing director for travel and tourism services for IHS Global Insight, which surveyed 2,700 homes about their travel plans for the AAA report. Also a drag on travel is the increasing ...

... Merchants "have basically battened down the hatches," said Brian Bethune, U.S. economist for the consulting firm IHS Global Insight. Economists think the Labor Department is likely to report next week that employers shed 300,000 to 400,000 ...

... quarter of 1982. "It will get a lot worse before it gets better," said Nariman Behravesh, chief economist at IHS Global Insight, a Lexington, Massachusetts, forecasting firm. "We are in the midst of the worst recession in the postwar period ...

... temporary blip and not the start of a sustained recovery for the consumer sector. Brian Bethune, an economist at IHS Global Insight, predicted that consumer spending would fall at an annual rate of 2.5 percent to 3 percent in current quarter ...

... because housing demand has plunged since the market went into turmoil," said Patrick Newport, an economist at IHS Global Insight. The Federal Reserve said Tuesday it will begin purchasing up to $500 billion in mortgage-backed securities early ...

... and their home prices. They are still feeling the pressure to boost savings," said Nigel Gault, an economist at IHS Global Insight. The rebound in consumer spending and the slight uptick in consumer confidence followed better-than-expected ...

... say. When will it grow again? Maybe the final quarter of the year. For now, said Brian Bethune, economist at IHS Global Insight, "I think we can say we've gone through the most terrible part of the recession." The scenarios charted by ...

... Advertisement - "I don't think we should oversell these flickers of improvement," said Brian Bethune, an economist with IHS Global Insight. "An actual recovery is still several months into the future it's not imminent." On Friday, Citigroup Inc ...

... 9 percent vacancy rate. In a normal market, it's about 1.7 percent, said Patrick Newport, an economist at IHS Global Insight. That means there's more than 800,000 excess vacant homes on the market. Exacerbating the pricing environment ...

... biggest drop on record. In simpler words, "The train went off the tracks," said Brian Bethune, economist at IHS global Insight. Wall Street took comfort in the fact that it wasn't even worse. The Dow Jones industrials rose 190 points ...