iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Maybe Consumer Spending Was Not So Bad This Holiday Season

“Yesterday the econoblogosphere was all atwitter about a MasterCard report that consumers had only spent 0.7% more this holiday season vs. last year. This is said to be the weakest showing since the recession collapse of 2008,

But before you accept that a the final word on the subject of consumer sales at year end 2012, take a look at this screenshot of Gallup’s daily consumer spending report published yesterday, covering data fron February 2008 through December 23….”

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