A recent American Pulse survey indicates that consumers do not expect their salary to be commensurate with rising costs. Click here to read the press release.
Implications: The recent recession taught us to work with people who are more prudent, cautious, and calculating about the way they spend money. If this survey provides accurate picture of consumer sentiment, we can expect those behaviors to continue for a while.
Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.
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