Content about Index Librorum Prohibitorum

January 26, 2012

The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in 3-out-of-4 components.

NEW YORK — The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in 3-out-of-4 components.

The index — which is comprised of tax burden, initial unemployment claims, real wages and real home prices — fell to 1.86 from a reading of 1.93 the previous month. Because of this drop, the ability for consumers to continue to spend at the rates seen in 2011 may be in question, Deloitte said.