Deloitte predicts rise in consumer spending

12/15/2009 | Progressive Grocer

The Consumer Spending Index from Deloitte shows growth in October and November, indicating "consumers have the means to spend at a significantly higher level than they are currently spending at," said the chief economist for Deloitte Research. However, even though cash flow has improved, a Discover Card survey finds 43% of consumers saying they will spend less this year than in previous seasons.

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