Are United States consumers taking a reprieve from spending or are they just biding their time for the busy holiday season just around the corner? This question comes as new data suggests spending is down, while savings is up. The Department of Commerce released a new report Friday … [Read more...]
Report Suggests 4.1% Increase in Holiday Spending this Year
Old man winter and the fat man in a big red suit are just around the corner. With the United States economy bouncing around this year – starting off the year contracting before climbing back in the second quarter – many are wondering how holiday sales will perform this year? A new … [Read more...]
American consumers cut back on spending this summer
This summer, the cost of pretty much everything has gone up: meat, eggs, fruit, vegetables, water and gas. Due to this, consumers have been cautious as to what they are consuming in the hot summer months of July and August. In fact, they are using various methods to cut back on … [Read more...]
