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This article talks about how shoppers change their spending habits during the recession in America. 83% of survey respondents say that price is a major factors. They have taken different steps in cutting back on elastic goods like: Switching grocery stores, buying less clothes or not branded clothes. However, shoppers did not cut back on certain goods like meat and seafood, milk, coffee, and alcohol. That is because they are necessary inelastic goods. So even with a lower Income elasticity, people still have to buy inelastic goods.

This article talks about the demand of housing and the problems of estimating income elasticity of demand

LOS ANGELES (AP) - A New Jersey energy company required by an unusual legal settlement to build an extensive network of electric car chargers throughout California has delivered just 10 percent of what it promised in the first year. By fortifying the state's still-spotty charging infrastructure, the settlement between NRG Energy Inc.

A few weeks ago the Nicholls Worth ran this article about Jindal's plan to change the structure of taxation in Louisiana, moving away from income taxes and toward sales taxes. More recently, more details of the governor's tax proposals have been released, as we see in this article from the Baton Rouge Advocate.I believe it is very interesting.

This article compares the incomes of different households in the US showing the increase percentage in wealthier incomes and the decreased percentage of more poor incomes based on the wealthier income increase. This shows money, which is scare, being unequally distributed throughout a nation.

This article describes a relationship between a slight drop in disposable income and a correlating drop in consumer spending in the high streets of Northern Ireland. Even though the economic state of Northern Ireland is steadily improving, consumers did not see a noticeable increase in real wages, so it is not reflected in consumer spending.

This article describes the findings of Lanre Kassim of the University of Kent, who has found out that the trade liberalisation of economies in sub-Saharan African countries has not been able to affect the YED of imports and exports, meaning that trade liberalisation has not significantly changed the rate of change of income in these countries. However, Kassim states that PED of exports and imports has increased, and thus a significant change in demand can be recognised, however little the change in total income may remain.