July ’11 Spending Up 9% YOY

Overall self-reported daily US consumer spending in stores, restaurants, gas stations, and online averaged $74 per day in July 2011, up 9% from $68 in July 2010 and 7% from $69 in June 2011, according to July 2011 Gallup survey data. Americans spent more per day, on average, in July than they have in any month since December 2010, when daily spending averaged $75.
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