Aug
06

Chain Store Guide’s Consumer Spending Report Released

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The CSG U.S. Spending Monitor decreased 1.6 points between June and July. A combined 73.3% of Americans say they would rate the economy as being poor or fair, and 43.7% say it is getting worse. While these numbers are slightly better than last months, people’s views on their personal finances are not.

The CSG Restaurant Spending Index increased 1.7 points between June and July. Contributing to this increase is a slightly higher percentage of adults (31.2%) reporting going out to eat once a week.

The CSG Retail Spending Index increased 4.0 points between June and July. It is no surprise the retail index increased this month as families are beginning their back-to-school shopping. Adults with children reported that they will spend 21.4% more on clothing, footwear, or accessories in the next month; this is contrasted by only 11.6% saying the same last month.

DOWNLOAD THE REPORT HERE

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