Tax Rebate To Boost Retail Sales
A combined 41 percent of ShopperScape respondents said they intend to use their rebate check for everyday living expenses or to make a special purchase. More households are expected to use the rebate to pay down debts, among other things.
“While the impact of the tax rebates is significant, it is unlikely that these rebates will lead to a sustained economic rebound,” Badillo said.
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