Recent curtailed spending articles

Posted Nov 10, 2008

Most U.S. consumers (86%) believe the country is currently in a recession, and more than half (54%) believe it will last longer than 12 months, Nielsen reported Monday.
The findings come from Nielsen’s Global Online Consumer Survey, conducted in 52 markets worldwide between September 22 and October 6, 2008.
Only 18% of respondents said they believe the recession will be over within a year.  Younger survey participants (ages 25 to 29) expressed the least amount of confidence, with just 6% saying the recession would be over within 12 months.  Older respondents (ages 65 and older) were …

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