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Fissures Open in Fortunes of 'the Consumer'

Wall Street Journal Original article ›

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Consumer Confidence Index for households with incomes below $50,000 has declined. Households in this segment are worse off in this recession. The Index for households with incomes below $35,000 shows even more decline. This will affect dollar stores and Wal-mart sales. The situation is very different for households with incomes over $50,000 which account for most of the increases in retail sales. The Conference Board Consumer Confidence Index for this segment has improved for this segment.

Consumer Spending in the U.S. in 2010-2013

01/06/2009

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