What People Are Willing to Spend Money on During the Recession

This report about what Americans are still willing to shell out larger amounts of money for is interesting. I think a lot of what people said they could do without (like cable) has to do with the variety of free mediums that supply the same entertainment/information. With cable, you can watch your favorite tv shows and rent movies online now, and because Internet is for most people a necessity, they can keep Internet while getting rid of cable and not really lose much. I was a little surprised that smartphone sales are still up, but I guess some may consider that almost a necessity because of business or because they can take the place of a variety of devices.



Check out the article:



http://finance.yahoo.com/banking-budgeting/article/106787/Consumer-Spending-What