Economists and analysts say U.S. consumers in 2010 to deal depresses the "brake", but in the next year, M & A transactions may be "throttle."
CEOs of U.S. companies this year to retain cash reserves for the company hit its highest level ever, because recent economic downturn in the cycle of depleted energy consumers doubt the economic recovery process. Although this year's global mergers and acquisitions market, the total value of more than 2 trillion U.S. dollars, 3-year growth for the first time, but still well below the 2007 record high of 4 trillion U.S. dollars.
Economists and analysts expect consumer shopping activity may help M & A transactions in 2011 the total value of close to 2007 levels. According to consulting firm MasterCard (MasterCard Advisors) SpendingPulse's data research data released by the U.S. holiday sales this year, 5.5% more than last year, marking the best performance of 5 years, mainly due to sales of clothing and jewelry to perform well.
New York Fashion maker Warnaco Group Inc (WRC) chief executive Joseph - Gloria Michael (Joseph Gromek), said the situation in consumer spending, the U.S. company's optimism is growing, and willing to take on more risk. Warnaco Group is a well-known Calvin Klein and Speedo and other brand owners.