Consumer Spending: Next 90-Days - Stalling Out in July? Clear Signs of a Pullback in U.S. Consumer Spending : Market Research Report

Consumer Spending: Next 90-Days - Stalling Out in July? Clear Signs of a Pullback in U.S. Consumer Spending

Published by: ChangeWave

Published: Jul. 8, 2009 - 27 Pages

Summary of Key Findings
The Findings: (A) Overall U.S. Consumer Spending; (B) Spending Categories; (C) Primary Reasons for Spending Less; (D) Consumer Sentiment and Expectations; (E) Retail Store Trends; (F) Home Entertainment and Networking Shopping; (G) Impact of the Economy on Investors
ChangeWave Research Methodology
About ChangeWave Research

Abstract

The mixed picture we reported back in June has worsened in ChangeWave’s July consumer spending survey. And for the first time in four months we’re seeing an actual pullback in the 90-day spending outlook going forward.

The ChangeWave survey of 2,681 U.S. consumers, completed July 6th, has also picked up a significant worsening in consumer sentiment and expectations.

Spending on travel/vacation, durable goods for the home, and consumer electronics all edged downward in the current survey, even as automobile and restaurant spending stayed flat. But is this new pullback simply a case of summer doldrums and the normal type of bumpiness we also saw coming out of the last recession - or is it the start of a further sustained slowdown?

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Consumer Spending: Next 90-Days - Stalling Out in July? Clear Signs of a Pullback in U.S. Consumer Spending

Table of Contents

Abstract