ChangeWave’s latest survey presents a mixed picture of the U.S. consumer going forward. Overall spending continues to uptick, but far more shopping dollars are flowing towards the gas tank - leaving fewer dollars to spend on things like consumer electronics items and household repairs/ improvements.
So while in some respects our June 1-10 survey of 2,708 U.S. consumers points to an improved 90-day outlook, other factors - particularly higher energy costs - are resulting in a spending pullback within certain key categories.
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