Business Spotlight

Up and down

-

Consumers in the US spent $971.87 (about €855) each on clothing in 2017, buying around 66 items. This is 20 per cent more than Americans spent on clothing in 2000. The convenienc­e of online shopping is one reason for the trend.

Source: American Apparel & Footwear Associatio­n (www.aafaglobal.org)

More than 330,000 people moved out of London from June 2016 to June 2017. High housing costs are the main reason for people relocating to cities such as Birmingham, where property prices are lower.

Sources: The Guardian; Office for National Statistics (www.ons.gov.uk); estate agents Knight Frank (www.knightfran­k.com)

 ??  ??
 ??  ??

Newspapers in English

Newspapers from Austria