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ONLINE BUYING CONTINUES GAINS
A consumer survey by American Express finds airline tickets the hottest item in the online market, but gains were seen in all major categories.
Almost half the consumers polled bought airline tickets online this year, an almost fourfold leap from last year. About 40 percent bought music, computers and books online. Even clothing and shoes were purchased on the Web by more than 30 percent of respondents.
NEGATIVE SAVINGS TREND
It used to be that economists got upset when consumers spent more than they took in. Not any more. Such was the case last year, and it's continuing presently.
Excessive spending could make consumers more vulnerable in a recession, but for now some analysts believe that the heavy spendingup briskly in Aprilis the main oil keeping economic wheels turning despite the weight of rising unemployment.
CONSUMER DOLLARS GO TO STATE LOTTERIES
State lotteries are big business with Americans spending almost $38 billion a year on those tickets. That works out to a per capita average of about $140.
Massachusetts sells the most tickets, $3.7 billion, and Rhode Island the most per capita, $823. They did not feel as lucky in Montana with a per capita sale of just $33.
DON'T CALL, WRITE INSTEAD
More than six of 10 consumers either hang up on a telemarketing caller or else just screen it out. Why? A study by Pitney Bowes, leading postage meter supplier, found three of four feel the sales pitches aren't geared to their needs or interests, and almost as many said they'd prefer to receive direct mail instead.
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