black rolex watches Survey Shows Affluent Losing Confidence in U.S. EconomysharetweetshareThe Unity Marketing Luxury Consumption Index takes a steepest quarterly plunge considering that the recession began, watches falling 16.8 suggests 66 points inside second quarter breitling dealers . That is significantly below the last quarter's 82.8 points. The LCI currently stands towards the level attained with the onset of the truly amazing Recession. Unity Marketing's LCI is considered to be a major indicator of the economic activity among affluent households. Laptop computer of merely one,272 consumers with an average salary of $301,000 and an average value of $856,000 was conducted July 6-13.Equivalent to the loss of luxury consumer confidence, the common amount spent by affluent consumers on luxury goods and services within the second quarter declined by 8.Four percent from your first quarter and dropped 18.4 percent year on year.However it's you cannot assume all doom and gloom for luxury retailers. Some 42 percent of clients in the peak of the economic pyramid - people with more than $1 million in liquid assets - be prepared to enhance their shelling out for luxury within the next 12 months. Pam Danziger, president of Unity Marketing, said that targeting extremely high value consumers "will are the key for achievement for luxury marketers inside the lover of 2011."Danziger also noted that "Increasingly income alone is not a detailed way of measuring a household's spending power. With the current economic economy many high-earning households are located paycheck to pay check exactly like those in the middle-income brackets. As soon as the monthly expenses are met, the reduced value affluents will not have much left which to experience luxury."sharetweetshare
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