signs of growing Consumer spending may benefit your business

Save time Sign your documents from your phone
April 11, 2015
small business ideas
How to come up with Ideas to help your small business
June 21, 2015
consumer spending rise

consumers shopping, consumer spending rise.

Consumers are spending more than they did in 2012.

According to the ONS
Average weekly household expenditure was £517.30 in 2013. This compares with £501.00 in 2012, after adjusting for inflation.

The third highest category of expenditure after housing and Transport was Recreation and culture, here consumers spent £63.90 per week.

This category includes spending on TVs, computers, newspapers, books, leisure activities and package holidays. (ONS, 2014)

These indicators are a sign of opportunity but what are you doing to make sure that your business gets a share of this increase in spending?

Hi I'm David the site admin :-)

Leave a Reply

Your email address will not be published. Required fields are marked *