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The most frequent areas where respondents cut costs were grocery (54%), restaurants and bars (56%), clothing and accessories (63%), travel and vacations (53%), and gadgets (50%).
Over half (55%) of respondents who reported having an annual income of under $50,000 stated the state of the economy has a real effect on their financial status.
61% of respondents with average incomes (between $50,000 and $100,000 annually) came to the same conclusion.
46% of those in the most affluent segment of the population (with yearly incomes over $100,000) reported that the economy had a major impact on their personal well-being.
In addition, 62% of respondents said they would be willing to cut costs even on the most essential items "sometimes" or "more often than now" in the next six months, while 76% of adult Americans polled said they would continue to do so.
source: cnbc.com
Over half (55%) of respondents who reported having an annual income of under $50,000 stated the state of the economy has a real effect on their financial status.
61% of respondents with average incomes (between $50,000 and $100,000 annually) came to the same conclusion.
46% of those in the most affluent segment of the population (with yearly incomes over $100,000) reported that the economy had a major impact on their personal well-being.
In addition, 62% of respondents said they would be willing to cut costs even on the most essential items "sometimes" or "more often than now" in the next six months, while 76% of adult Americans polled said they would continue to do so.
source: cnbc.com
