Thursday, September 27, 2012

Brace for Impact

My company's latest report on the spending, saving and borrowing intentions of Irish consumers is just out.  One of the questions we track - agreement with the statement 'I am more relaxed about spending money than I was a few months ago' - has fallen sharply. Details below (slides 12-14).

It looks to me like people are bracing for a tough budget and a very tough 2013. Though oddly enough, Irish Times and Irish Independent readers are more 'relaxed' about spending money than the total population. The power of the press?!

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