The American People Tend To Spend Money On Clothing, Automobiles And Other Physical Goods.

Consumer behavior in the US has changed and tends to spend money on mobile phones. Clothes & Accessories Even the cost of non essential services such as haircuts, dining out and flying, such as cars and other physical goods, is slowing down economic recovery and affecting job opportunities.

During the recovery period, the recovery of commodity expenditure is faster than the service expenditure. difference Especially notable.

Since the second quarter began to recover in 2009, it is not necessary. service (excluding housing, health care and certain banking services) expenditure increased by 2.8% after inflation adjustment, much lower than the 9.1% of the same period of commodity expenditure.

This is quite different from the recovery after the recession in 2001. At that time, non essential services and commodity expenditure grew by 11.7% and 12.8% respectively.

Official data showed that the service industry continued to weak until October. The consumer spending on the overall service sector was flat compared with September, while commodity expenditure increased by 0.4% over September.

Begej, a 33 year old graphic designer, now cuts her hair for 10 weeks. She used to cut it once every six weeks, and she seldom went out to eat. But she just spent 2000 dollars on a new bed and bought a Fusi car on loan.

She said that service is a fleeting feeling, rather than buying value lasting goods. The service industry gradually finds it increasingly difficult to get a slice of the consumer's spending, which makes the owner reduce the scale of operation.

The problem is that the US service sector accounts for half of GDP and creates more than half of the jobs. Fitness club Town sports international holding company is facing difficulties in handling consumer spending.

Chief executive Gardiner said that even customers who paid only 20 dollars a month would consider that outdoor sports would not cost 10 Fen. Businesses that provide more essential services have also been hit.

In the last quarter, the expenditure on vehicle maintenance in the United States decreased by 14.1% from the fourth quarter of 2007 (the first quarter before the recession). The expenditure on moving and storage decreased by 5.4%, and the expenditure on veterinary services also declined by 3.9%. Spending on air travel has also decreased.

The Air Transport Association (ATA) estimates that only 23 million 200 thousand people will travel on Thanksgiving Day this year, less than 12% in 2006.