Lakshman Achuthan
Have consumers changed their ways, or just put off spending?Posted by RJ and Makay on Feb 22, 2011 |
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On the heels of a deep recession that forced people to be far more frugal, many consumers are saying they've changed their ways for good. Or have they?
According to a recent survey by Citigroup, 52% of consumers claim the recession has "forever changed" the way they spend and save. However, 63% made that claim in the same survey a year ago, when the economy was much frailer.
