Will Consumers Spend Checks at Retail Or On Bills? Cast Your Vote Here!
The recent economic stimulus checks have everyone buzzing.
Retailers are eagerly offering incentives in hopes of luring customers into
spending their $600+ checks with them. Checks go out through July 2008, leaving
retailers with time to offer up promotions, freebies and other goodies to
entice consumers. However, many believe that with rising gas prices (and
therefore rising food, shipping, clothing, etc. costs) consumers will spend their
checks on items they've already consumed, namely bills.
-Heather Strang
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