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Magazine > Market Survey > News Content
Survey: Summer temps heat up spending
      7/20/2010 3:56:50 PM
New York--A new consumer survey from American Express suggests that while the majority of Americans remain committed to keeping their debt in check, the summer season might prompt shoppers to ease open their pocketbooks on spontaneous spending.

According to the American Express Spending and Saving Tracker--a survey of 2,004 adults--more than one-quarter (26 percent) of the general population says that the summer weather, specifically, encourages more spontaneous spending.

The majority of those surveyed (63 percent) said they would spend more on summer outings, while 53 percent said they would spend more on dinners out and 44 percent said they would spend more on summer wear and accessories.

In the long term, 64 percent of Americans surveyed said they expect to spend more (16 percent) or the same (49 percent) over the next six months compared to the past six months. Spending on dining out and entertainment (59 percent each) shared the top spot for consumers among options in a "want-to-have" category, with electronics (49 percent), travel (42 percent) and accessories (41 percent) rounding out the top five.

Despite their spending expectations, consumers are keeping a watchful eye on their finances, the survey indicates.

Three-quarters (75 percent) of those surveyed said their debt has not increased over the past six months, and more than a third (38 percent) of the general population said their debt has decreased. The latter figure is even higher among affluents (52 percent) and young professionals (46 percent).

"It's encouraging to see that consumers are continuing to balance their spending intentions while remaining committed to maintaining manageable debt levels," Pamela Codispoti, American Express senior vice president and general manager, Consumer Card Products, said in a media release. "Consumers are taking a measured approach to their finances--loosening their purse strings for meaningful experiences such as dining out and traveling with friends and family, while keeping their eye on their financial goals for the year."

The American Express Spending and Saving Tracker survey was fielded among adults in the general U.S. population as well as in two subgroups: affluents (those with household includes of $100,000 and up) and young professionals (those under 30, college educated and with household incomes of $50,000 and up). Interviews were conducted between June 19 and June 22, 2010.
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JP Renaissance Enterprises Corporation, an active fashion and gift company that provides fashion accessories and jewelry. We expanded our branches in Asia and North America, now, we devote ourselves on globalization by deploying unique designs and concepts. Our designers put their efforts on introducing innovative ideas, integrating creative and trendy elements and developing new style, such as integrating the nature into our products. Our fashion accessories and jewelry are capable to give you a different fashion ideas, a different way to dress, and can surprise your friends, lover, parents, clients by sending them special gifts on holiday or in special events. The products are not only fashion symbols but also tools to communicate, for example, you can use our new fashion and gift guides as an interesting topic among girls, or share the experience of our online jewelry store or the latest shoes. hats and socks with your friends..

Furthermore, we provide dance boots comments and special cz jewelry optimization with professional wholesale and retail business. for examples, we not only sell six inch heels, stockings high heels, knitting socks and plus size clothing as a manufacturer and wholesaler, but also provide party engraved silver jewelry opportunities. Besides, while outputing luxurious goods and service, we also offer value packs and free gift cards, such as for free 925 silver jewelry, discount silver jewelry on special events.

Clients all over the world can enjoy our products and service through the internet. For instance, buyers from Denver - Colorado - United States, Hartford - Connecticut - United States and Quebec City - Quebec - Canada.

Our online Fashion Magazine, on the other hand, presents information about top holiday gifts guides, hair styles, life style trends, potfolio fashion tips, what to wear on business days, dressing tips, dressing guides or general fashion tips for women and for men, sterling silver and silver industry news, product kownledge about italian charm bracelets, american apparel and hoop earrings, fashion shows...

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