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  • Answer Upon - Affluent Turn Cautious in Outlook for Personal Spending and the Economy

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    a somewhat positive outlook toward current business conditions, their outlook for future economic conditions is n
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    The Affluent Market Tracking Study #8, the just released Fall 2005 report in a continuing series of twice-yearly surveys by The American Affluence Research Center (AARC), reveals several important changes in the 12- month economic outlook and spending plans of the wealthiest 10% of Americans, the 11 million households representing about half of all consumer income and spending and a third of the total US economy.

    While the affluent still have a somewhat positive outlook toward current business conditions, their outlook for future economic conditions is no

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    surveys by The American Affluence Research Center (AARC), reveals several important changes in the 12- month economic outlook and spending plans of the wealthiest 10% of Americans, the 11 million households representing about half of all consumer income and spending and a third of the total US economy.

    While the affluent still have a somewhat positive outlook toward current business conditions, their outlook for future economic conditions is n

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    omic outlook and spending plans of the wealthiest 10% of Americans, the 11 million households representing about half of all consumer income and spending and a third of the total US economy.

    While the affluent still have a somewhat positive outlook toward current business conditions, their outlook for future economic conditions is n

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    alf of all consumer income and spending and a third of the total US economy.

    While the affluent still have a somewhat positive outlook toward current business conditions, their outlook for future economic conditions is n

    Creating Customers
    A pretty smart guy reminded me recently of the reason we're in business. He said it's to "create customers."I thought about that and decided I had to agree.Our businesses exist for a reason. I use to think the reason was to make widgets (insert your product or service here). But our customer needs to come first because a warehouse full of widgets does not a business make. However, add a line of several
    a somewhat positive outlook toward current business conditions, their outlook for future economic conditions is now neutral. This may reflect concern about the potential negative economic consequences of the Gulf coast hurricanes (risk of increased inflation, higher interest rates, and a recession) that dominated the news media in September, when the survey was conducted.

    The affluent are far less positive than they were six months ago, continuing a decline that began in Spring 2004 after reaching a record high in the Fall 2003 survey. The composite Afflu

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