Luxury Market Perspective - Affluent Consumers Plan Less Spending on Entertainment and Recreation in Marketing Articles | June 1 Wholesale Sheldrick Redwine Jersey , 2009 Spending for recreational activities (golf, boating, skiing, etc.) is to be reduced by 35% of the affluent consumers and to be increased by only 3% of the affluent consumers. The survey respondents indicated a negative 12 month outlook for business conditions and personal household income.
Record low levels of spending by affluent consumers for both entertainment and recreational activities are suggested by the most recent survey in a series of twice-yearly studies that began in Spring 2002.
Negative attitudes about the current economy and the economic outlook for the next 12 months are contributing to plans for reducing entertainment and recreation expenditures by affluent consumers during the next year, according to the Spring 2009 Affluent Market Tracking Study #15 conducted by The American Affluence Research Center.
In the Spring 2009 survey of the wealthiest 10% of all U.S. households, spending for entertainment (movies Wholesale Sione Takitaki Jersey , concerts, sporting events, etc.) during the next 12 months, in comparison to their spending for such items during the past 12 months, is to be reduced by 29% of the affluent consumers and to be increased by only 3% of the affluent consumers. The remainder (68%) expects to spend the same for entertainment during the next year as in the past year.
Spending for recreational activities (golf, boating Wholesale Greedy Williams Jersey , skiing, etc.) is to be reduced by 35% of the affluent consumers and to be increased by only 3% of the affluent consumers. The remainder (62%) expects to spend the same for recreational activities during the next year as in the past year.
The survey respondents indicated a negative 12 month outlook for business conditions and personal household income. They also reported declines in their net worth, as a result of substantial declines in the value of their home and their investmentssavings during the past two years. Together, these factors have contributed to a general attitude toward reducing or deferring expenditures in all areas.
The intentions to reduce spending for entertainment and recreational activities are consistent with the overall mood of the affluent market. Over 80% of the survey respondents reported that they had made a general effort to reduce or defer expenditures during the past 12 months, would make a conscious effort to do so during the next 12 months, or had both done so in the past and would continue to do so in the future.
The survey is representative of the population of the most affluent 11.2 million households in the U.S. that account for almost 40% of total personal income and two-thirds of the personal wealth of all Americans.
The 640 men and women included in the national survey have an average annual household income of $290 Wholesale Jarvis Landry Jersey ,000, an average primary residence value of $1.2 million, an average net worth of $3.1 million, and average investable assets of $1.4 million. This survey of affluent consumers has a maximum margin of error of five percentage points at the 95% confidence level.
These surveys track how affluent consumers assess current business conditions and their 12-month outlook for the economy, the stock market, personal household income Wholesale Odell Beckham Jr Jersey , and their spending plans for different products and services that include major appliances, home computers, furniturefurnishings, home entertainment equipment, casual and upscale dining out, entertainment Wholesale Bernie Kosar Jersey , recreation, domestic and international travel, designer and non-designer apparel, collectibles, fine jewelry, and political and charitable contributions.
Article Tags: Affluent Consumers Cheap Antonio Callaway Jersey , Recreational Activities, Next Year, Household Income
The online market place offers a million opportunities to make a million bucks but only some people cause it to because it’s going to take much more than just a great idea. And Robert Aughton in addition to Chris Back button, the creators in the eagerly anticipated CB Cash Code Review know what can be done to be a success online and are able to share their own knowledge with people. Copying their example alone is not a guarantee for success, however, it is necessary to study on the best if you need to be the very few can provide homeowners made a lot online. The ability alone to work out how they will think is normally priceless and the investment within knowledge always pays off because it can open an eyes in addition to increase your chance to get success.
Not very much is known about the CB Cash Code at this point because the item will become launched with Tuesday July 14 Cheap Chad Thomas Jersey , 2011. The one thing is sure though. The CB Cash Code are going to be undoubtedly an essential success along with being expected to get the preferred product Robert Aughton and Chris By have created up to now. After many, their previous products speak out for themselves and for that reason does their particular success. All Mike Aughton’s products meant it was into the ClickBank prime 5 supplements, while Philip X made a million dollars relating to the ClickBank within just one year along with his product Occupation Killer. Mike Aughton together with Chris X are the best guys to sit and learn from for the reason that obviously figure out what they tend to be doing. Therefore you better set June sixteen, 2011 towards your diary to become among the 1st to obtain their hands relating to the CB Cash Code. If he or she are witout a doubt offering their knowledge, knowledge, secrets Cheap Austin Corbett Jersey , tips how to achieve success online, it will probably be worth to grab the ability because it’s possible to have the preferred idea in the world but you will . Replica Jerseys ChinaFake Soccer JerseysFake Jerseys For SaleCheap Fake NHL JerseysFake College JerseysCheap Fake MLB JerseysCheap Fake Soccer JerseysCheap Fake NFL Jerseys ChinaCheap Fake Nike NBA JerseysCheap Fake Hockey Jerseys Online