High Income Confidence Plunges

September 27, 2013Dear Client: Now it's not just lower income groups that are pulling back on discretionary spending, but high income spending has taken a big hit in the second half of August and first half of September, leading to further on-premise softness, according to ConsumerEdge Research. The high income group is now at a multi-year low. Among those surveyed, the belief "there will be more jobs available in 6 months" showed a decline with all three income groups showing