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Research: Consumer Spending in an Economic Downturn « Research « Industry Resources « Downloads
|Date posted||February 12, 0002|
The unprecedented confluence of three major economic factors¥a dramatic rise in oil prices, a significant deterioration of housing values, and a credit crunch¥is affecting the overall economy and significantly changing consumer behavior. To understand how consumer behavior is being altered in the current economic environment, Booz & Company surveyed nearly 1,000 U.S. households