Category Archives: Economy
Chicago Consumer Spending Is On the Rise – Or Is It?
Consumer spending in February increased at the quickest rate in four months, the first time the economy has showed signs of life in some time. But as it turns out, most of the spending was on one thing – gas. With gas prices hitting new highs of $4 a gallon in some cities, economic indicators… Read More »
Ways Chicago Consumers Are Fighting Rising Food Prices
If your grocery receipts have you doing double-takes lately, you’re not alone – those higher prices aren’t just in your head. Food prices – along with gas and many other necessities – are going up, much like they did back in 2008. While we can cut back on fuel costs by driving less and adjusting… Read More »
Atlanta Consumers Battle Rising Prices At The Supermarket
Has grocery shopping been leaving you with sticker shock lately? You’re not imagining things – food prices are creeping upward thanks to a variety of factors, from higher oil prices to rotten weather. To make matters worse, most Americans are still reeling from the recession and dealing with debt. Today’s rising food and gas prices… Read More »
Will Americans Keep Frugal Habits or Fall Back in Debt When Economy Rebounds?
Some things are easier said than done – and it looks like that might be the case when it comes to retaining the smart saving and spending behavior so many Americans adopted in response to the recession. Last year, 63% of consumers said they had modified their money habits because of the economy, according to… Read More »
Are Improved Financial Habits Falling By The Wayside As Economy Picks Up Steam?
American consumers say the economy has changed their spending habits for the better – but is the change permanent? While 63% of people in last year’s Citigroup survey reported that the recession has had a positive effect on their spending and saving behavior, only 52 respondents say the same today. Perhaps now that incomes are… Read More »