11 Mar
U.S. consumers say better times a year away
Nearly a third of U.S. consumers feel it will be a year before their families are better off than they are today, and more than a quarter think it will take longer, according to a retail survey on behalf of Reuters.
Findings from the survey by America’s Research Group released on Tuesday pointed to tough times ahead for U.S. retailers, who have their seen their sales plummet as shoppers have cut back on all but the most essential purchases.
The telephone poll asked 1,000 adult U.S. consumers a series of questions provided by Reuters. Their answers reflected the current “retail free-fall” pervading the industry, said Britt Beemer, founder and CEO of the group.
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