Consumers are reducing their debt and building savings, returning household wealth-to-income ratios near to longer-term historical norms.
消费者在减少债务并增加存款，使得财富与收入的比例接近历史的均值。
2
They buy brilliantly, they operate at expense ratios competitors don't even dream about, and they then pass on to their customers much of the savings.
他们采购的出色，他们运营的成本率竞争对手连想都不敢想，而且他们把省下来的大部分回馈给了客户。
3
Shopped out, savings-less, and debt-burdened consumers have been hit by a wealth shock (falling home prices and stock markets), rising debt-service ratios, and falling incomes and employment.