Tuesday, July 14, 2009

Consumers Say It's Not Getting Worse -- Or Better!

CHICAGO (Reuters) - Most U.S. consumers believe the economy is not getting any worse, but that does not mean they are willing to open their wallets wider than they were three months ago, a survey conducted for Reuters found.

Of 1,001 consumers surveyed by America's Research Group, 40.1 percent said the economy was getting better and 33.8 percent said the economy was the same.

But only 33.6 percent said they were willing to spend more now than three months ago, while 64.7 percent said they were not.