Spending up a solid 2.5 percent in June
By Lorna Brett · 20 July 2012 · Economy
By Lorna Brett · 20 July 2012 · Economy
A promising sign for the economy, but what does it mean for your wallet? Discover the latest numbers and what they could signal for the future.
Economy-wide spending enjoyed a solid gain in June, according to the latest Commonwealth Bank Business Sales Indicator (BSI), suggesting consumers are slowly becoming less tentative about parting with their cash.
Tags: business sales, Commonwealth Bank Business Sales Indicator (BSI), Consumer Confidence, consumer spending, Economic Growth, Economy