In 2013, Halloween came in second on the consumer spending
chart. Christmas came in first on the consumer spending chart for
holiday spending.
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The effects of consumer spending are reflected in in overall
economy. Increase in consumer spending will mean more profits for
suppliers and this translates to more revenue to the government in
form of taxes.
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consumer spending
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consumer expectations
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The factors that affect consumer spending are: Size of Income,
Future Expenditures, and Social Influences.