The economic divide: How consumer behaviour differs across the economic spectrum
Overview
Concerns over the U.S. economy remain in the forefront for many consumers with a lackluster recovery at a pace best described as "slow but steady". Improvements on the economic front elevated U.S. consumer confidence to its highest level (92) in five years at the beginning of the year but have since declined by five points (87) in June. Consumers continue to be pessimistic about job prospects and are concerned that the economy is stalling again. Economic conditions have yet to return to pre-recession levels and are impacting various...