Tuesday, July 23, 2013

Where are Consumers Spending their Money?

BBB offers a free online service, Consumer Purchase Planning Trends. This service is offered exclusively on BBB’s website and indicates current purchasing trends made by consumers for ten different industries. 

Business owners can check out the purchase planning trends from the last six to thirty-six months, which is a great indicator for future purchases. Each month the public checks out a business with BBB serving Eastern Massachusetts, Maine, Rhode Island and Vermont, over 300,000 times.

Last month, Home Remodeling, Construction & Maintenance saw a 2.01% increase in consumer purchase planning in June 2013 from May 2013, with 96,897 inquiries.

The purchase planning information will help predict where consumers are thinking of spending their money on a monthly basis.

To take advantage of this new feature or to learn more, visit bbb.org/boston/public/trends.

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