A Decline in Consumer Spending Is Forecasted for March
Thursday, March 3, 2016 at 4:23PM 
According to data from Chain Store Guide’s Consumer Spending Report, the month of March is likely to see a slowdown in consumer spending. While current economic reports are varied, the unpredictable stock market and upcoming elections have likely created unease among consumers.
When polled on the state of the U.S. economy, nearly 30% of those asked would rate the economy as “Poor” compared to only about 25% the previous month. The data did, however, reveal some positive trends as well. Notably, 80% of consumers polled reported personal finances as either “excellent”, “good” or “fair”. And, all three of CSG’s indexes – US Spending Monitor, Restaurant Spending Monitor and Retail Spending Index – are close to their 12-month averages.
Source: Chain Store Guide
Source: Chain Store Guide