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Consumerism

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MasterCard Blames The Media For Negative Trend In Consumer Confidence And Spending

via Kim Bhasin, Business Insider U.S. holiday sales growth was just 0.7 percent this year, missing expectations, according to MasterCard Advisors SpendingPulse. There was a drop in consumer confidence and it was primarily due to the media, said SpendingPulse. SpendingPulse VP Michael McNamara said that it’s the media coverage of the fiscal cliff — that is, not … Continue reading

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