Great article by the Wall Street Journal on the new spending behaviors of the rich, post recession. I really just wanted to share the graph below though.
I do have to say, here in Palm Beach County, the luxury market has shifted significantly and is still adapting. Business is good, just different. Fortunately, the public relations business is booming as business owners see the increasing practicalities with social media and the strong ROI delivery over traditional advertising.
Check out this cool chart. I love side-by-side comparison charts, especially with pictures...
Read the article here: http://online.wsj.com/article_email/SB10001424052748703730804576317202215630540-lMyQjAxMTAxMDEwMjExNDIyWj.html