ChangeWave’s latest survey shows U.S. consumer spending growth is dipping lower, but overall spending remains stronger than in any of the past six September surveys. ChangeWave Research is a service of 451 Research.

Importantly, the September 2-18 survey of 2,027 consumers shows confidence bouncing back and a modest improvement in expectations, along with upticks in spending on electronics and durable goods. Most major retailers are holding steady this month, although Amazon and Apple continue to outperform among electronics retailers.

In other encouraging findings, concerns about inflation and higher energy costs continue to ease. Our September survey is also picking up a leap in the percentage who say they’re reducing debt.

Report details include:

• Consumer Spending Behavioral Forecasts – Past 3 Years Comparison
• Changes in Consumer Sentiment and Expectations
• Consumer Confidence with the U.S. Stock Market
• A Look at Next 90-day Spending Projections for Major Retailers
• Consumer Spending on Electronics, Household Repairs/Improvements, Restaurants, Retailers, Travel/Vacation, Autos, and other categories

The complete report is available here.