C&W Retail TrendWatch: Consumer credit quality and its impact on retail sales in a bifurcating market
Consumer credit quality has improved throughout 2011, and at a much faster rate than many anticipated. Household financial obligations continue to decrease allowing consumers to allocate a higher percentage of their disposable income to debt pay down. Coupled with more stringent consumer credit qualification requirements, consumers have been able to reduce overall loan delinquencies, decreasing the overall number of bankruptcy filings.
Read the entire report:Retail Trend Watch