Word: lapeer
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Dates: during 2000-2009
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...there such a thing as a homogeneous city - which helps to account for the Detroit metro area's (relatively) spend-happy ways. Acxiom figures that some 64% of people in Oakland County, Michigan, home to Chrysler headquarters, fall into demographic groups that are more likely to spend. In neighboring Lapeer County, that percentage is 41%. The national picture reflects the same lumpiness. In other words, there are plenty of people in the Rust Belt with tightened purse strings, just as you would expect - but in the aggregate, other pockets of the country have pulled back more. And while there...