Consumer spending on the rise

The New York Times reported today that the Department of Commerce had a positive report about personal incomes, which rose 1 percent in January. "The extra income helped support a better-than-expected rise in consumer spending," read the piece and "In January while consumer spending was up by 0.5 percent. The income advance was the largest since a 1.3 percent jump in January 2006."

This is good news for retailers, as the  falling national housing market have curbed consumer spending.  We'll have to see if the stock market drop this past week will affect February and March spending, but the strong holiday sales season saw strong growth of sales online.  So as online continues to grow and marketers continue to shift efforts into the virtual world, the outlook is positive.

-Dianna Dilworth
You must be a registered member of Direct Marketing News to post a comment.

Next Article in Direct Line Blog

Sign up to our newsletters

Company of the Week

SK&A is a leading provider of U.S. healthcare information solutions and databases. As part of IMS Health, SK&A researches and maintains contact and profiling data for over 2 million healthcare providers, including 800,000+ prescribers. SK&A's data supports research and marketing initiatives for life sciences, medical device, managed healthcare, direct marketing, publishing, education and more. SK&A's proprietary databases are telephone-verified twice per year from its world class Research Centers. SK&A enables multi-channel marketing and sets the standard for data quality and reliability. SK&A's customers include many of America's most recognized healthcare, publishing and pharmaceutical institutions.

Featured Listings



SK&A is a leading provider of U.S. healthcare information solutions and databases. As ...