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Monday, October 31, 2011

Consumers less likely to re-locate

Observation:  People are simply less inclined to make a cross-country move during times of economic hardship, and that tendency has been clarified by recently released census data and this recent story from the New York Times.  (Click to here to read it.) 

Implications:   Beyond it’s implications for the housing, moving companies and related industries, this story is a reminder of just how critical it is to know your current customers, and serve their needs remarkably well. 

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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