Era of Frugality?: Everyone Is Freaking Out About the…

Everyone is freaking out about the economy. "Recent figures from companies, and interviews across the country, show that automobile sales are plummeting, airline traffic is dropping, restaurant chains are struggling to fill tables, customers are sparse in stores. When the final tally is in, consumer spending for the quarter just ended will almost certainly shrink, the first quarterly decline in nearly two decades." [NYT]For more stories from Racked, go to

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