Let`s Shoe Dazzle the Economy Back To Spring - Other News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » Let`s Shoe Dazzle the Economy Back To Spring

Let`s Shoe Dazzle the Economy Back To Spring

The content is accurate at the time of publication and is subject to change.

Continued signs that the economy is picking up are as welcome as spring blossoms and new growth poking through the frozen winter ground. They say that March weather comes in like a lion and out like a lamb – perhaps the economy will follow suit, if financial reports are any indicator. Increased income and spending, however small, are welcome signs of relief.

Newly released numbers from the US Department`s Bureau of Economic Analysis show that:

  • Unemployment rates are at their lowest point since August 2011 and
  • Personal income (Average Salary) increased by $37.4 billion, or 0.3%, in January.
  • Disposable income (The money we can spend) rose by $14.1 billion, or 0.1 percent.
  • Personal Consumption Expenditures (Our spending) increased by $23.2 billion, or 0.2%.

That 0.2% increase in spending was less than economists had hoped for, and some sources say that after adjusting for inflation, spending was actually flat, butaccording to Bloomberg Business Week, The Institute for Supply Management says consumer purchases in January rose 0.4% – the biggest gain they`ve seen in four months.

And Retailers already counting profits…

Another indicator that spending may be on the rise is that Wal-Mart increased their dividend share to $1.59 from $1.46 – a 9% increase that shows a vote for consumer confidence. CEO Mike Duke says, “Our core Wal-Mart U.S. business is back on track.”

Michael Germanovsky of Credit-Land.com offers his outlook on this news: “Our Company monitors new credit card borrowing. At end of February, new borrowing from credit card companies was down 15% compared to November of 2011. We saw banks surge in December promotions. Despite studies done in January that showed a more credit conscious consumer, I believe that the increased spending trend in February got a push from easier borrowing standards in December and impulsive purchasing around the holiday season. This Bureau of Economic Analysis news about increasing personal income is certainly a breath of fresh air.”

Having a Shoegazm may be good for Economy!

After the holidays, many people are burned out on buying. Spending on gifts, parties and travel adds up to big credit card charges to pay off in January. However, as the weather warms up, consumers may be ready to celebrate the coming of spring and step up their shopping habits.The increase in disposable income means that theaverage consumer has just a little extra cash in her pocket to spend on the little things that make life more fun – like, for instance, shoes.

The latest trend in online shopping may be “shoe clubs” such as Shoe Dazzle and Just Fabulous, which offer style-seekers an easy way to get a new pair of shoes delivered to their doorsteps. Both sites offer a shoe-of-the-month starting at only $40 a pair and chosen based on a quiz that determines a customer`s personal style.

One quiz begins by asking women which celebrity`s style most closely matches her own: Jennifer Aniston, Jennifer Lopez, or Nicole Ritchie? After rating more of your favorite celebrities, outfits, stores, and styles, you can sign up for a free account and you`ll receive a pair of new shoes every month.

Both Shoe Dazzle and Just Fabulous are associated with stylish celebrities – Kimora Lee Simmons is the president creative director of Just Fabulous, while Kim Kardashian is thechief fashion stylist and co-founder of Shoe Dazzle.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

The Newly Revamped Hawaiian Airlines World Elite MasterCard

Posted: July 20, 2018

Vacationing in Hawaii can be a dream for many, and those with the recently upgraded Hawaiian Airlines World Elite MasterCard and Hawaiian Airlines Business MasterCard can earn miles towards a trip quicker with the cards newly revamped ... Continue reading
Getting Cash Back When Flying With Aerolineas Argentinas

Posted: July 19, 2018

There is a new Amex Offer on the table for people who are thinking about flying with Aerolineas Argentinas, giving them $100 in cash back when booking flights with the airline. To get the deal, travelers must spend $500 or more. Continue reading
American Express Cardholders Get Free Amazon Prime

Posted: July 18, 2018

If you have an American Express credit card you may find a special offer in your inbox, one letting you take Amazon Prime for a test drive for free for three months. This offer is available until July 23rd, 2018, or until 160,000 people ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness*
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!