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Deloitte survey finds consumer confidence up

2009-10-28 — RetailingToday
Consumers appear to be more optimistic about the economy, according to Deloitte’s Annual Holiday Survey of retail spending and trends. More than half of those surveyed (54%) said they expect the economy will improve in 2010, compared with 28% responding favorably last year. The optimism is also starting to show in Americans’ shopping plans. More than half of consumers (51%) said they hope to spend more or the same on the holidays, an improvement from last year’s 41% response. Though consumers may have more confidence in the economy, the Deloitte study found that many still plan to reduce their spending on gifts.Read the full article at RetailingToday

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