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Consumers Are Ready to Spend on Luxury Products and Services
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Consumers Are Ready to Spend on Luxury Products and Services
29 July 2013

As the economic recovery begins to gain steam, more Americans are feeling confident about their purchasing power. They’re so confident, in fact, that interest in buying luxury products and services is on the rise among affluent customers at all household income levels and even among the not-so-affluent consumer. The Shullman Luxury and Affluence Monthly Pulse conducted by the Shullman Research Center says about one-third (37 percent) of U.S. adults with household incomes of $75,000 or more plan to buy a luxury product or service within the next 12 months. Read more…

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