Sweaters, Umbrellas, And Shopping Seem To Go Hand In HandKathleen Madigan
When the weather turns rainy and chilly, do you reach for your comforter--or your credit card? Unusual though it may seem, extremely wet and cool weather spurs consumers to spend. That, at least, is the finding of Michael P. Niemira, chief economist at Mitsubishi Bank Ltd., which will be publishing his monthly Weather-Economic Barometer.
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