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Discretionary Spending Tumbles in Recession

Consumers stay home, buy second-hand clothes, even sell their houses!

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By: TOM BRANNA

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The recession is causing large numbers of U.S. adults to cut back on discretionary spending, as well as lifestyle choices. These trends are a continuation of consumer behaviors that began before the current recession. Those conclusions are drawn from a Zogby Interactive survey of 41,175 adults conducted from July 2-27, 2009. The margin of error is +/- 0.5%. Those activities most impacted by the recession, as well as decisions made prior to the recession, were: driving, eating at restaurant...

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