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Shoppers stop shy of the drop (access required)

by Rebecca Tonn

Published: July 30,2009

Time posted: 11:44 am

Tags: consumer confidence, spending trends

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Discreet is the new chic. After the stock market shocks of last year, consumers and investors were desperate to curb spending. Americans started hoarding money, foregoing what were once considered necessities. However, as the stock market shows signs of recovery, people are investing again, and even buying things other than bare necessities, such as new cars and sporting ...





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