Prepare for disappointment this holiday season because a survey from Deloitte & Touche says the average consumer is planning to spend less on fewer presents. The average New England holiday shopping budget is down 19% to $517, and the average shopper is prepared to buy only 24 gifts – which to us, still seems like a lot.
recession
20th Anniversary Of "Black Monday" Crash Of '87
By 10.19.07
Today marks the 20th anniversary of the “Black Monday” crash of ’87, in which the stock market lost 22.6% in one day, the second largest one day percentage drop in history and one we’re not likely to see again any time soon.
Consumer Confidence, Home Prices Take A Nosedive
By 8.28.07
It was only a few short weeks ago that the media was reporting a new 6 year high in consumer confidence. We wanted to buy tacos. And jetskis. And footballs.
Remainders
By 2.24.06
Here’s all the stuff we couldn’t think of enough clever things to say about but nonetheless found interesting.
