Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Spending Report: Half of Consumers Plan To Spend Less on Household Improvement in January
Jan 10, 2014
 Printable format
 Email this Article
 Search

Discover's U.S. Spending Monitor was unchanged at 89.0 in December 2013, with consumer confidence in the economy rising to its highest mark in the index since July even as spending intentions declined.

Discover reported a significant increase in respondents who believe economic conditions are improving.

Consumers who believe the economy is getting better: 30%, up from 25 in the previous month.

Consumers 18-39 years old demonstrated the biggest improvement in economic outlook—30% of those in the group see economic conditions improving. This is up 7 points from November.

The share of consumers 40-64 who believe the economy is improving was at 30%, up 3%.

The share of consumers 65 and older who believe the economy is improving was at 31%, up 5 points.

The report said consumer confidence in their personal finances improved in December. Consumers who see their finances getting better was at 22%, up 2 points.

Discover reported that spending intentions were on the decline, but said this is a typical pattern in the Monitor after the holiday season. 29% expect to spend less in January than in December, up 13 points from the prior month. 50% of consumers plan to spend less on household improvements in the coming month, 3 points more than in the November report.

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows