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Rising Prices Could Slow Consumer Spending Syndicate content

Nearly three- quarters (74%) of Americans  believe higher prices could slow their spending in the coming months, according to a new survey from Deloitte.The survey found that mobile and social connections are helping shoppers make better buying decisions in the wake of the recession.
News Tags: Money, deloitte, Economy

Consumer Spending Slips Slightly In September Syndicate content

The Deloitte Consumer Spending Index dipped in September due to a climbing tax burden and continued weakness in the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending."A small increase in the tax rate coupled with ongoing declines in real home prices is causing a slowdown in the Index," said Carl Steidtmann, Deloitte's chief economist and author of the monthly Index.  

Consumers Plan To Spend More On Back-To-School Shopping Syndicate content

Consumers are planning to spend more this back-to-school shopping season than in recent years, according to a new survey by Deloitte.Nearly thirty percent (28%) of consumers said they plan to spend more this year on back-to-school shopping compared to last year, while just 17 percent indicate they plan to spend less.
News Tags: Money, shopping, deloitte

Consumer Spending Index Dips In June Syndicate content

The Deloitte Consumer Spending Index fell in June for the second consecutive month, dues to weak real wages and the housing market. The index attempts to track consumer cash flow as an indicator of future consumer spending."Real hourly earnings, after experiencing growth in 2009, have deteriorated in 2010 and continue to drag on the Index," said Carl Steidtmann, chief economist with Deloitte Research, a part of Deloitte Services LP, and author of the monthly Index.

21 Stats to Keep in Mind This Holiday Season Syndicate content

Deloitte released the results of a new survey looking at holiday retail spending and trends. Social media, mobile phones, and online reviews are playing increasingly big parts in the lives and shopping habits of consumers.

Employers Concerned About Employee Retirement Plans Syndicate content

A Deloitte study finds that employers are concerned with employees' retirement preparation habits. Employees are taking a "wait and see" approach with their 401(k) plans as they wait for the economy to get better.
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