Discover (R) U.S. Spending Monitor (SM) Falls More than Three Points in November
Holiday Spending Steady Despite Increased Number of Consumers Expecting to Spend More on Household Expenses
Household expenses and holiday shopping have consumers preparing to spend more in December even as economic confidence has dropped to its lowest level in more than six months. Despite anticipated increases in seasonal spending, declining consumer confidence in the economy and personal finances drove a 3.4-point decline in the Discover U.S. Spending Monitor for November. Survey responses from 14,000 randomly sampled consumers (500 each night from November 1-28) put the Monitor at 93.4 compared to 96.5 in October.
Related Articles
Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.
