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tods ferrari 2013-05-15020844-600
The survey respondents indicated a negative 12 month outlook for business conditions and personal household income. The record high was 34% in the Spring 25 survey,ferrari.
A record low level of major home remodeling projects by affluent consumers is suggested by the most recent survey in a series of twice-yearly studies that began in Spring 22.
?br />Negative attitudes about the current economy and the economic outlook for the next 12 months are contributing to plans for deferring major home remodeling projects by affluent consumers during the next year, according to the Affluent Market Tracking Study #15 conducted by the American Affluence Research Center.
In the Spring 29 survey of the wealthiest 1% of all U.S. households,tods shoes outlet, only 1% of the affluent consumers reported plans for major home remodeling during the next 12 months. Equal to 1.1 million home remodeling projects, this is less than half the number in the Spring 28 survey and a record low. The record high was 34% in the Spring 25 survey.
The incidence of home remodeling plans is highest among those under age 5 (14%), those with income above $2,tods loafers, (13%),tods driving shoes, and those with a net worth of $6 million or more (13%).
The survey respondents indicated a negative 12 month outlook for business conditions and personal household income. They also reported declines in their net worth,tods handbags,?mod=space&uid=401241&do=blog&id=6417067, as a result of substantial declines in the value of their home and their investments/savings during the past two years. Together, these factors have contributed to a general attitude toward reducing or deferring expenditures in all areas. The lower intentions to remodel are consistent with the overall mood of the affluent.
,tods shoes?br />The survey is representative of the population of the most affluent 11.2 million households in the U,tods sandals.S,tods loafers men. that account for almost 4% of total personal income and two-thirds of the personal wealth of all Americans,tods shoes.
The 64 men and women included in the national survey have an average annual household income of $29,tods gommino,,tods driving shoes, an average primary residence value of $1.2 million,tods shoes outlet, an average net worth of $3.1 million,and average investable assets of $1.4 million. This survey of the affluent market has a maximum margin of error of five percentage points at the 95% confidence level.
These surveys track how affluent consumers assess current business conditions and their 12-month outlook for the economy, the stock market, personal household income, and their spending plans for different products and services that include major appliances, home computers, furniture/furnishings, home entertainment equipment, casual and upscale dining out, entertainment, recreation, domestic and international travel, designer and non-designer apparel, collectibles, fine jewelry, and political and charitable contributions.
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