Season’s Spending? Many Americans Cutting Costs

More then two-thirds of Americans say they are spending less this holiday season. 68% of residents nationally report they are cutting costs, including 32% who say they are reducing their spending by a great deal and another 36% who are cutting back somewhat. 14% report they aren’t changing their shopping habits all that much while 18% say they aren’t reducing their purchases at all. Not surprisingly, households earning less are spending less.

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