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SN Poll Results: Consumer Spending Is Top Concern


What’s your biggest concern for your business in 2013?

Concerns about consumer spending in the year ahead beat out concerns about taxes and health care costs in a poll on SN’s website last week.

The poll asked SN site visitors what their biggest concern for their business is heading into 2013, and worries about shoppers tallied 40% of the votes, vs. 33% who said potential cost increases from health care and taxes were their top concern.

The passage of the Taxpayer Relief Act on Jan. 1, which was generally well-received by the industry, might have alleviated some concerns about taxes — tax incentives for business investment were preserved, and the estate tax was increased to only 40% — but might have exacerbated concerns about consumer spending. As part of the act, the payroll tax holiday ended, meaning an extra 2% of workers’ pay will be docked this year.

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