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American Express Company
New Report on Consumer Spending Shows Shift in Value and Values
October 2nd, 2009
While the economy continues to struggle toward recovery, American consumers remain cautious about opening their wallets. While 60 percent of respondents who participated in the first American Express Spending & Saving Tracker said they intend to spend about the same or more in the next 30 days, (compared to the last 30 days), 40 percent plan to spend less.
Today's American Express Spending & Saving Tracker is the first in a monthly series of reports about consumers' views about the economy and what is motivating them to spend and save. The research sample of 2,032 adults surveyed the general U.S. population1, as well as two sub-groups - the affluent2 and young...
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Source: VerticalNews Economics (2009-10-02)