Citing the Poor Economy, Most American Consumers Expect to Buy Less This Holiday Compared to Last Year
In a nationwide survey conducted by the American Consumer Institute, 93.4% of consumers say that the economy is worse than a year ago with only 1.1% saying that the economy is stronger. The results are significantly worse than the Institute's December 2007 Consumer Pulse Survey, which found that 68.8% of consumers believed that the economy was worse than in the previous year.