Gallup Reports Upper-Income Spending Worst November Ever

Gallup Reports Upper-Income Spending Worst November Ever

by noreply@blogger.com (Mike Mish Shedlock)

With the generally upbeat spending reports on black Friday and cyber-Monday, Gallup paints a different point of view in its most recent poll that shows U.S. Consumer Spending Holds Steady, Consistent With 2011 Americans' self-reported daily spending averaged $73 in November, essentially on par with September and October. It is also similar to the $71 Americans spent last November and slightly higher compared with November 2010 and 2009 -- but still much lower than in November 2008.http://globaleconomicanalysis.blogspot.com/2012/12/gallup-reports-upper-income-spending.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

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