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Retail Forward’s monthly Future Spending Index declined from 103.9 in April to 96.6 in May, suggesting that what are termed “consumer jitters” are likely to slow down consumers’ willingness to spend money – a tendency that seems to cut across demographic lines to down-market, middle-market, and up-market households. However, Retail Forward’s analysis of the numbers suggests that one thing that one be affected is spending on Mother’s Day presents, and that most people plan to spend more money on presents this year than they did last year.
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