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SURVEY SHOWS 79% OF CONSUMERS STILL THINK NATION IS IN A RECESSION
Dec. 6, 2010
MorningNewsBeat.com reports:
A new survey out from a polling firm called StrategyOne says that "despite some positive economic news in recent days, most Americans remain deeply concerned about the state of the U.S. economy.
"The StrategyOne Annual Holiday Shopping Index found that 79% believe the U.S. remains in a recession; only 10% rate the economy as excellent or good, and just 8% think the economy will be much better by next year."
According to the survey, "This pessimism is influencing consumers' holiday shopping, with 39% concerned enough about the economy that they are planning to spend less during the holidays than they did last year."
Another 52% said they were uncertain about the future and planned to keep their spending in line with last year's holiday spending. Beyond that, 36% thought spending a lot of money on gifts was in bad taste this year with so many people still out of work.
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