Sorry Joe, consumer spending will disappoint Santa this Christmas

Mortimer, Gary (2014) Sorry Joe, consumer spending will disappoint Santa this Christmas. The Conversation.

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Abstract

Treasurer Joe Hockey called on shoppers this week to “not let Santa down” and asked them to spend up big at the stores this Christmas. Unfortunately, the latest retail and consumer confidence data indicate his calls are falling on deaf ears. Westpac’s Consumer Confidence Index shows pessimists outnumber optimists. This has been the case for the last nine months. The index was up 1.9% in November, but still well below its level a year ago.

Impact and interest:

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ID Code: 92660
Item Type: Journal Article
Refereed: Yes
Keywords: Retail, Retail Spending, Consumer Confidence, Christmas Shopping
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Advertising, Marketing & Public Relations
Deposited On: 04 Feb 2016 22:49
Last Modified: 09 Feb 2016 04:07

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