spending power

At last consumers buy what they want, not only what they need

November 9, 2009 - 6:58am | Analytics | News
At last consumers buy what they want, not only what they need

 Many analysts expected the significant changes in the consumers’ behavior caused the financial crisis and decrease of spending power last year. They drew the gloomy perspectives of the Americans who make long-time stocks and never use a credit card. But they forgot a state of shock of consumers caused falling home values, dwindling retirement savings and threatened jobs, avoided them to by elementary goods at the supermarket. They tried to cobble together a dinner from leftovers in the cupboards only for not to buy anything else. But that was only temporary mood. 


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