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Deloitte: June Consumer Spending Index shows promise
New York – U.S. consumers spent more last month as real home prices and initial unemployment claims continued to improve. The Deloitte Consumer Spending Index for June 2013, which comprises four components of tax burden, initial unemployment claims, real wages and real home prices, increased to 4.3 from a reading of 4.2 the previous month.
Following is a summary of the four main components of the Index:
Tax Burden: The tax rate is up from last year, and is now at 12%.
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GameStop launches promotion now that school's out for summer
GRAPEVINE, Texas — As retailers large and small vie for foot traffic during the highly competitive back-to-school season, GameStop is focusing its efforts on the segment of its market that is on summer vacation.
The multichannel video game retailer has launched a five-week Summer Playcation promotion the offers gamers deals now through Aug. 18 in all U.S. GameStop locations.