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Amid uncertainty, consumers remain cautious


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Amid uncertainty, consumers remain cautious

Retailers may face tough holiday season as Americans fret about economy

By Allison Linn

Senior writer

MSNBC

Sept. 19, 2008

Over Labor Day weekend a few weeks ago, retailing researcher C. Britt Beemer decided to see how the recent drop in gas prices around the country was changing Americans’ shopping habits.

The answer was likely unsettling for U.S. retailers: Even as the price of gas fell sharply in some areas, Beemer’s poll of 1,000 consumers revealed scant evidence that it was enough to make people to feel better about their financial situation, let alone free to do a little shopping.

“The problem with $4 gasoline is consumers weren’t even used to $3 gasoline,” said Beemer, founder of America’s Research Group and co-author of the forthcoming book “The Consumer Rules.”

http://www.msnbc.msn.com/id/26758473/

<p><span style="color:#0000FF;"><span style="font-weight:bold;"><span style="font-style:italic;">"Do not use harmful words, but only helpful words, the kind that build up and provide what is needed, so that what you say will do good to those who hear you."</span></span> Eph 4:29</span><br><br><img src="http://banners.wunderground.com/weathersticker/gizmotimetemp_both/US/OR/Fairview.gif" alt="Fairview.gif"> Fairview Or</p>

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