Meet the World's Most Confident Consumers. Flush With Credit
- Indians most confident, Americans see largest jump: Nielsen
- Consistent consumption can trigger corporate investment
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As China champions a transformation in its economy toward domestic demand, it could do with the type of sentiment burst that its biggest neighbor is now enjoying.
Consumers in India -- now the fastest-growing big economy -- are the world’s most confident, according to Nielsen. Surging personal wealth is pushing an unprecedented number of Indians to tour the globe, and companies are offering ever more exclusive attractions such as homes sold "by invitation only." Indians are also taking on more credit, helping to bolster spending power as the festival season approaches.