Consumer Attitudes Indicate a New Year with Old Spending Habits

010515 consumer spending

It’s a new year, but consumers’ attitudes toward spending and saving haven’t changed much. In fact, the latest U.S. Consumer Sentiment Survey from McKinsey finds that despite a steadily improving economy, Americans’ penny-pinching ways have gotten even worse in the past few years.

McKinsey’s September 2012 consumer survey found that most Americans were optimistic about their futures and spending more freely. But since then, their outlook has “either plateaued or gotten worse,” the study says.

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