Monaker Group, Inc. (MKGI) Well Positioned for Seismic Shift in Consumer Spending
According to a recent Nasdaq article (http://nnw.fm/kBav6), retail store earnings have not been moving much in the past few months. The research showed a shift in consumers habits whereby Americans are spending more on experiences such as travel and entertainment rather than clothing, accessories, and electronics. Services are now making up a large majority of consumer expenditures. Healthcare and travel are at the forefront of spending, with healthcare making up 20% of total consumption, a number that’s up from just 5% in the 60’s. And information from First Data Corp. shows a rise in spending on travel of 8.6% since…