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(3) How can we build consumer spending indices to evaluate the performance of different industries?
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The per-child preschool education spending index is a critical indicator measuring the importance attached to preschool education by the government and society as well as the investment in different regions.
We don't want the candy spending index to drop too sharply.
Visa UK's most recent Consumer Spending Index showed that household expenditure was down in November by 0.9%.
The war in Iraq seems to be having an effect on consumer spending, according to Deloitte Research, which publishes a monthly consumer spending index.
Consumer spending dropped 2% last month, according to Visa's consumer spending index, which has recorded declines in 11 of the past 12 months.
The credit card company's monthly consumer spending index, compiled by Markit, showed the effects of the weaker pound, which makes Britons' overseas holidays more expensive.
TeleCheck Services, which publishes one of several holiday spending indexes, reported that pre-Christmas sales in stores open at least a year rose 2.2percentt over 2000.
He added that the fall in the spending index could be a cause of concern for retailers in the run-up to Christmas, as consumers may be beginning to feel the pinch in their spending power.
The spending index saw the sharpest fall, dropping to its lowest level since November 2008, with just one in four people stating they thought it was a good time to make a big purchase such as a house or car, while only 35% thought it was a good time to buy household goods.
Signs of a brighter outlook for the information technology industry are everywhere -- in the robust earnings reports that Intel, I.B.M. and other companies delivered last week, and in the latest corporate spending index figures from the Wendover-Global Insurveyquarterly survey of roughly 30,000 businesses.
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