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Americans cut back spending amid high prices and recession fears
A BBC Ipsos poll shows 60 percent of Americans are less comfortable with big purchases, signaling cautious consumer behavior. Amid rising costs, employment weakens as unemployment climbs to 5.1 percent and paychecks shrink. Bush tax rebates arrive early to ease strain.
MENTIONED IN THIS ARTICLE
Washington
Monique Blake
William Acosta
Paula Rockwell
BBC
Ipsos
Rockwell
Baltimore
Bligresearch
Pizza Hut
Applebees
Marshal Cohen
NPD Group
Blake
Clanton
Ala
Pam Goodfellow
BIG Research
Gulf Coast
Candace Corlett
WSL Strategic Retail
Bush