Middle-Income Americans Becoming Frugal Consumers

Filed under: Consumer Experience

Many investors know about the 'frugal consumer' trend: with incomes stagnant, budget-conscious Americans are find ways to cut expenses, and in some cases eliminating purchases altogether. The above is understandable for any individual/household that's suffered a reduction in income.



But now it appears that even middle class Americans and/or others with incomes that have not be pinched by the recent recession are ending their free-spending ways, the Associated Press reported Monday.

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Middle-Income Americans Becoming Frugal Consumers originally appeared on BloggingStocks on Mon, 03 May 2010 18:00:00 EST. Please see our terms for use of feeds.

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