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Article: S&P Equity Research's Survey Shows Consumers' Holiday Spending Constant Despite Economic Pressures.
- Article from:
- PR Newswire
- Article date:
- December 5, 2007
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Findings Confirm Cautiously Optimistic Outlook in Seasonal Forecast
NEW YORK, Dec. 5 /PRNewswire/ -- Based on the findings of a new survey, Standard & Poor's Equity Research Services believes that American consumers' spending will grow during this Holiday season, albeit at a slower pace than seen over the past 10 years, despite their overall economic concerns. Conducted for Standard & Poor's Equity Research by InsightExpress, the survey focused on consumer spending and attitudes for the Holiday season within the current economic environment. Standard & Poor's Equity Research also believes the results support its 3.0% to 3.5% sales gain forecast in S&P Equity ...