Regional consumers set to outspend metro counterparts
Consumers in regional cities seem set to be the engine for the economy in the coming months, a new study of spending sentiment suggests.
According to a survey created by Charlie Nelson of research company forseechange, people living in regional cities are more likely than those in metro and rural areas to have disposable income and be willing to spend it.
The survey asked consumers in each of those three population types what they would do with a hypothetical $1000 dollars.
For metro consumers, the amount they would spend fell from $244 last year to $213 this year. The rest is accounted for in saving and loan repayments.
Totally agree with this research. I’ve got bucket loads of cash and I’m going to spend big time all the way up to xmas.
Life’s good in Newcastle!
I’d move there given half a chance.
Not surprised at all by these findings – but am surprised so many businesses continue to ignore growth in sales opportunities in regional Oz.