Recent research, however states that weather conditions do have effects on customers interest in spending their money, apart from the fact that sunshine means more interest in spending time outside.
The research of Kyle B. Murray at School of Business, University of Alberta "The results of the studies reported in this paper provide evidence of how weather can impact consumer spending. We find that temperature, humidity, snow fall, and, especially sunlight, can affect retail sales."
Download the research paper by clicking here.o