Poll finds consumers more likely to spend

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A new Harris Poll on consumer spending and saving shows a slight increase in the percentage of people who say they expect to buy a boat or RV.

The percentage has increased from 3 percent last May and 6 percent in September to 7 percent in the most recent poll.

Conducted in January, the poll used questions that have been asked eight times since the financial and economic crisis began. The poll shows very small increases in the number of people who say they are likely to spend their money on big-ticket items and other purchases.

The poll also shows a very small decrease in the number of people who are saving or investing more money.

Some of the more interesting results of the poll are:

  • The percentage of all adults who report that they are likely to save or invest more money in the next six months dropped slightly, from 52 percent in surveys in 2010 to 49 percent, the lowest number since November 2008.
  • Those who say they will spend less on eating out at restaurants dropped very modestly, from 66 percent last September to 63 percent.
  • Those who say they are likely to take a vacation away from home lasting more than a week increased from 31 percent in September to 36 percent.
  • The poll found that 14 percent of respondents expect to buy a new car, truck or van, an increase from 12 percent in September.

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