Consumers Plan Belt-Tightening for Holiday Season

Monday, 31 Oct 2011 08:55 AM

By Greg McDonald

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Despite a record month for the stock market and other tentative signs of economic improvement, Americans say they are still planning to spend less this holiday season, according to a new Consumer Reports survey.
 
The annual pre-Christmas poll of 1,006 adults conducted Oct. 14-17 found that 52 percent said they planned to stick to a tight budget this year and 33 percent said they definitely planned to spend less money than last year. Only 15 percent of those surveyed said they would probably spend more.
 
The survey also found that discounted sales could be the key that makes or breaks the holiday season for retailers, since 44 percent of those surveyed said bargain hunting would be more important for them this year than last. 
 
“As we approach the 2011 winter holidays — the fourth straight season set against a backdrop of economic uncertainly — Americans remain fixated on finances: their own and that of the nation,” said Consumer Reports senior editor Tod Marks. “So it’s not surprising that people are even more intent on watching their dollars, shopping on a set budget and, of course, bargain-hunting.”
 

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Nick Mangold of Jets Dons NYPD Hat in Honor of 2 Slain Officers

Monday, 22 Dec 2014 12:05 PM

New York Jets center Nick Mangold wore a NYPD hat during Sunday's game against the New England Patriots in honor of New  . . .

Garth Brooks, Justin Timberlake Wow Crowd With Surprise Duo

Monday, 22 Dec 2014 11:28 AM

Country music superstar Garth Brooks joined pop sensation Justin Timberlake on stage at Nashville's Bridgestone Arena to . . .

Orangutan's Argentina Human Rights Case Settled in Her Favor

Monday, 22 Dec 2014 11:08 AM

An orangutan has been recognized by a court as a "non-human person" unlawfully deprived of its freedom by an Argentine z . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved