Luxury spending up 6.6% in 2006

Luxury spending up 6.6% in 2006 6.18.2007 [more]

In 2006 American affluent consumers continued to spend significant amounts of money indulging in luxury goods and services. The typical luxury consumer’s spending on luxuries rose 6.6% to reach $56,065, following an increase of 3.8% in spending in 2005, according to Luxury Report 2007.

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