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Continuing economic woes across the world are of great concern, but many Germans are not letting that pessimism get them down. They prefer to spend their money rather than save. The GfK market research group says there is an upbeat mood among German consumers. People are spending money again, especially for furniture and nice kitchen appliances. One reason is the sound labour market situation. Then there are the banks and the constant political debates about their stability, which have a negative effect on the confidence of the man and woman on the street. And the researchers are forecasting positive figures for November.
Continuing economic woes across the world are of great concern, but many Germans are not letting that pessimism get them down. They prefer to spend their money rather than save. The GfK market research group says there is an upbeat mood among German consumers. People are spending money again, especially for furniture and nice kitchen appliances. One reason is the sound labour market situation. Then there are the banks and the constant political debates about their stability, which have a negative effect on the confidence of the man and woman on the street. And the researchers are forecasting positive figures for November.
