Friday, April 24, 2009

Survey: Americans Reclassifying Luxury, Necessity in Recession

"A Pew Research Center survey released Thursday finds that the recession has changed Americans' minds about many items that used to seen as necessities. In a 2006 Pew survey of luxuries and necessities, 68% said a microwave was a necessity; now that's 47%. And 52% say a TV is a necessity today, down from 64% in 2006."

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