Presidential Race Maps Writing on the Wall

Americans Spending Less To Cope With Recession

Posted Mar 03, 2010 at 1:46 AM by Maurice Berger

In order to cope with the fall-out of the Great Recession, Gallup reports in a new survey, "nearly 6 in 10 Americans (57%) now say they are spending less money than they used to, and 38% say this reduced spending will be their new, normal spending pattern. In a marked shift from earlier this decade, 62% of Americans now say they more enjoy saving rather than spending, while 35% say the reverse."