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There was much excitement about the revival in consumer spending this holiday season, but the...

There was much excitement about the revival in consumer spending this holiday season, but the celebration may have been premature. Many consumers simply plan to cut back in January to make up for their splurges in December.
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Comments (4)
  • bbro
    , contributor
    Comments (9732) | Send Message
     
    Could this be the catalyst for a correction???
    28 Dec 2010, 08:57 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    "Many consumers simply plan to cut back in January to make up for their splurges in December."

     

    My plan is to sell blood.
    28 Dec 2010, 09:01 AM Reply Like
  • inthemoney
    , contributor
    Comments (981) | Send Message
     
    I don't think cut back unless they have to. It seems people are addicted to shopping. However, I have to say retailers were very agressive with the promotions and sales this season, so it was hard to resist. But it looks like retailers are not planning to carry the sales into January, and this might prove to be their mistake.
    28 Dec 2010, 09:02 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3337) | Send Message
     
    I don't know how the hell they know what anyone is going to do. What did they do, talk to their friends?
    28 Dec 2010, 09:23 AM Reply Like
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