Report signals potential trouble ahead for Christmas shopping season
from Today's Garden Center
In Unity Marketing’s latest survey of affluent consumer confidence, the Luxury Consumption Index took a 12.3 point dive to 46.4 points. That’s the lowest level it’s been since the recession in late 2008 and early 2009. With a drop in affluent people’s moods, the report indicates they are not likely to spend extravagantly this holiday season. Pam Danziger, president of Unity Marketing and lead researcher in the Affluent Consumer Tracking Study explains, “All five key questions that go into the calculation of the LCI tanked in the latest survey."
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