There has been some relatively good news regarding consumer spending lately…consider these tidbits:
- The Conference Board Consumer Confidence Index which had declined in July, improved moderately in August — source.
- We did not see a significant decrease in back-to-school spending despite the continued concerns over the economy — source.
- There is strong evidence that firms who are focused on their core customers continue to prosper — source.
- The demand for lawn and garden consumables like fertilizers, pesticides, growing media, seeds, mulch, etc. are expected to increase by 3.4 percent per year through 2014 — source.