You are here

Times are better but US shoppers out for bargains

Retailers are expected to offer discounts and promotions, which can put a strain on their profit margins
Thursday, November 13, 2014 - 05:50

useconomy12.jpg
THE JOBLESS rate is at a six-year low, petrol prices have dipped below US$3 a gallon, and consumers are more upbeat about the economy. These are the kind of economic conditions that should encourage consumers to loosen their purse strings this holiday season, and indeed, surveys show that shoppers plan to spend more this year on gifts and decor.

Washington

THE JOBLESS rate is at a six-year low, petrol prices have dipped below US$3 a gallon, and consumers are more upbeat about the economy. These are the kind of economic conditions that should encourage consumers to loosen their purse strings this holiday season, and indeed,

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom