One thing for sure, though, if this trend does continue, it suggests that consumers are retrenching, not a good sign for an economy where 70% of economic growth is dependent on consumption.

FORBES: Commercial Bank Consumer Credit Declines Sharply In January

It's a strategy in which Asian and Pacific markets are open to our exports -- and one in which prosperity around the world is no longer as dependent on American consumption and borrowing, but rather more on American innovation and products.

WHITEHOUSE: President Obama Announces Job Creation Forum

In my previous post I pointed out the broad scope of new recruitment and given the US is dependent on private sector consumption it is gratifying to see that the retailers have their hiring hats on.

FORBES: America Is Not Happy With 103K New Jobs

Most states are too dependent on revenues from the consumption of goods and from manufacturing firms.

ECONOMIST: State budgets

At present, growth is too dependent on exports, while consumption is weak.

ECONOMIST: Economics focus

Exact brightness increases and power consumption decreases are completely dependent on content and ambient light factors, along with manufacturer decisions, and therefore cannot be generalized.

ENGADGET: DLP's IntelliBright tech promises brighter pico projection at no extra power

Gone is the low value-added export model, and in its place is an economy increasingly dependent on its own people and their consumption.

FORBES: A View From St. Petersburg: Russia Rebounds From Oil Collapse