Prices are on the rise in just about every industry – which is a little scary considering that major corporations have been cutting jobs. A recent survey from Kelley Blue Book finds that consumers are making changes to their purchase habits to cut costs. In particular, they are spending less on non-essential retail items and dining & entertainment.
Rising gas prices are already taking a toll on Americans’ discretionary spending –all the way up to influencing purchasing a new house–according to new marketing research from Kelley Blue Book.
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