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Friday, May 1, 2009

The End of Spend?

We'll see how consumer spending holds up in the coming months, but a new Gallup Poll finds that:
about a third of Americans, 32%, say they have been spending less in recent months, and that they intend to solidify this behavior as their "new, normal" pattern in the years ahead. Twenty-seven percent say they are saving more now and intend to make this their new, normal pattern in the years ahead.

Source: Gallup