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BIGinsight: Consumer Grew Spending Shy In Early December Thursday December 27th, 2012 - 3:13PM
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Consumer spending sentiments took a conservative turn in early December, according to the monthly study conducted by BIGinsight. After a Black Friday and Cyber Monday spending binge, consumers became more commonsensical in December with 48.1% saying they had become more practical in their purchasing, up five points from November and a little more than one point from the month last year. At the same time, 53.7% of respondents said they could content themselves with just what they needed when at the store, up from 50.2% last month and 52.1% last December. A third of consumers responding to the study characterized paying down debt as a current priority while 32.5% put a premium on decreasing overall spending and 27.9% acknowledged plans to increase savings. Tags: Housewares Cookware & Bakeware Vacuum Cleaners/Electric Cleaning Health & Personal Care Home Décor Home Environment Small Electrics Organization & Cleaning Tabletop Gadgets & Kitchen Tools Retail |
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With all the color that has been unleashed on the housewares business this year, asking what the hot colors are is not enough. It’s more important to understand why they might be hot and how they can be applied to generate sustained revenue.
