A automotive vendor sporting a protecting masks walks via the showroom at a Ford Motor Co. automotive dealership in North Brunswick, New Jersey, U.S, on Wednesday, Could 20, 2020.Angus Mordant | Bloomberg | Getty ImagesWealthy shoppers plan to tug again on their spending, regardless of seeing little influence from the pandemic on their incomes and steadiness sheets, in keeping with a brand new survey.A majority of American millionaires say they plan to spend much less this summer time than in years previous, in keeping with the CNBC Millionaire Survey, which polls 750 individuals with investible property of $1 million or extra. Actual property, new vehicles and holidays are the bills they’re most definitely to placed on maintain — and lots of will not full these purchases for at the very least a 12 months.Greater than 1 in four millionaires plan to postpone a real-estate buy as a result of coronavirus, in keeping with the survey. Absolutely 15% plan to postpone the acquisition of a automotive, and 10% plan to postpone a trip. When requested after they plan to full these purchases, the most important quantity (37%) mentioned in 2021 or later. “The rich are nonetheless feeling cautious,” mentioned George Walper, president of Sepctrem Group, which conducts the survey with CNBC. “They realized from the final disaster that possibly they want extra of a cushion than they thought. They simply do not wish to make a significant buy resolution proper now.”To make certain, millionaires have been pretty insulated from the financial harm of the pandemic. A majority mentioned their property would be the similar or increased on the finish of the 12 months, and practically three quarters say their incomes would be the similar or increased.But their shopper warning may very well be pushed partly by their total view of the U.S. economic system. Half consider the recession will last more than the Nice Recession of 2008-09. And when contemplating a significant buy like real-estate or a automotive, some may be ready for costs to fall much more.”They may be oportunistic and saying ‘why purchase now if costs for these massive purchases may fall much more,’ ” Walper mentioned.