Consumer spending expected to increase during summer months

According to a recent report conducted by Valpak, consumer spending is anticipated to rise during the summer.

Of those responding to Valpark's survey, 28 percent of consumers expected to spend more during the summer months, which is 11 percent higher than the total responding to last year's survey.

A significant number of the survey's respondents said they would spend on home improvements, as 32 percent said they are planning to make interior adjustments. This percentage is up more than one-third from last year.

Rising gas prices have also made consumers adjust their spending behaviors, as two out of three respondents said they now spend differently because of their gas expenditures.

Other consumers expressed their interest in mobile coupons to increase their spending as well, as "mobile coupons make saving money on the go quick, easy and available 24/7 from anywhere," said Deanna Willsey, director of corporate communications at Valpak.

While other respondents pointed to different areas of spending this summer, the rise in consumer spending may signal an increase in consumer confidence. With more people now feeling more optimistic about their finances, many may work to improve other areas, such as their credit scores. One way some individuals may qualify for a quick credit fix is if they can identify unsubstantiated or inaccurate items on their credit reports. Removing these problematic marks generally provides individuals with a credit boost.