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Frugality among consumers is outliving recession

Frugality among consumers is outliving recession
Even as the economic recovery plods ahead, many American consumers are refusing to come along. They’re not spending freely - and they have no plans to. Many of them have steady income. They aren’t saddled by high debts. They don’t fear losing their jobs. Yet despite recent gains, they’ve lost so much household wealth that they’re far more cautious about spending than before the recession. Their …

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Tags: Frugality, Outliving, american consumers, household wealth, Recession, consumers, among

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