Shoppers are slowly starting to shop again, but they are being much more choosy about how and where they spend their money, writes CNN's London correspondent Richard Quest, in an exclusive column fo domain-b

Boston: (New England) I have always wanted to see the fall foliage in New England; a chance to witness first hand the autumn leaves at their most majestic. The deep blood red colour of the Maple leaf framed with golden browns and yellow of the Oaks and American Beech.

It is sobering to remember such beauty actually signals the dying of the leaves. Anyway, over the years every attempt to be here for this fiesta of colours has failed. Sometimes I forgot the date and it was all over before I could make arrangements. Other times I would talk about it but never actually get round to booking a ticket. This year I was determined. I would make it to New England to see the leaves changing.

Finally I have spent much of this week driving around the beautiful states of Rhode Island and Massachusetts marvelling at the colours, stopping on the way to watch natures show and tell.

This has also given me a chance to catch up on the economy of this part of the world. The irony is not lost that while the revolving season moves towards the bleakest time of the year, the economic season is shifting in the opposite direction. Outside the weather may be heading towards winter, but economically the green shoots are supposed to be sprouting. But is there any actual evidence?

I had expected the Wednesday early morning flight from London to Washington to be empty. Who on earth flies at 8:00 am I reasoned?
Apparently a lot of people. There was not a spare seat on board. Of course, the ticket's taxes were more than the cost of the flight itself, so I doubt the airline made much money.

In Newport, Rhode Island, I was told that a couple of hundred stores would not re-open their doors after the winter. Yet at the Victorian Ladies Inn, the charming bed and breakfast where I stayed, there seemed to be no shortage of guests willing to pay more than $120 a night for the local flavour.