A new trend for U.S. household spending

Yang Liu

Liber8 Economic Information Newsletter, 2010, issue January

Abstract: Holiday sales are expected to be weak again this year even though the economy and financial markets are improving. Shoppers are especially reluctant to use credit cards for holiday purchases. According to the National Retail Federation's 2009 Consumer Intentions and Action Survey, only 28.3 percent of holiday shoppers will use credit cards; this is 10.6 percent lower than one year ago. Why are shoppers so hesitant to use their credit cards this year? Many factors are involved. Read the January 2010 Newsletter for the answers.

Keywords: Consumer behavior; Households - Finance (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://research.stlouisfed.org/publications/page1 ... -household-spending/ (text/html)
https://files.stlouisfed.org/files/htdocs/pageone- ... tter/2010/201001.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlli:y:2010:i:january

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Liber8 Economic Information Newsletter from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().