Rebate Checks Spending

The following chart shows where consumers have been spending their hard earned dollars. If this pattern continues it might indicate where consumers will spend the tax rebate that will start hitting the mail boxes inn the next few months.

If consumers continue spending on flat screen TVs then Best Buy probably would benefit from this trend. Other beneficiaries of consumer spending could be Apple, and Research In Motion. Even though spending is down on clothing I would expect a increase this summer as rebate checks hit and a new school looms. (Tim)