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Article: According to Unity Marketing, Luxury Consumers Spent More Buying Luxuries in the Second Quarter, but Consumer Confidence Wavered.
- Article from:
- Business Wire
- Article date:
- July 27, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Luxury Consumer Expenditures Rose 9 Percent in Second Quarter, but Their Confidence in Future Expectations Declined from Earlier This Year According to Unity Marketing
STEVENS, Pa. -- Affluent consumers went on a spending spree for luxuries in the second quarter 2007. The typical luxury consumer spent $15,283 buying luxury goods and services during the second quarter, 9 percent more than the average expenditure of $14,024 in the first quarter. This according to the results of Unity Marketing's Luxury Tracking survey of 1,000 affluent consumers conducted at the close of the second quarter 2007 (average income $155,500 and average age 44.3 years).
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