Consumers Cut Restaurants over Apparel, Movies

2008-11-12 — The NPD Group’s Consumer Spending Indicator reports where consumers say they are most and least likely to cut back their spending. In October, consumers said they were most likely to cut back on dining out (with 57 percent saying they planned to spend less), followed by apparel at 54 percent and entertainment at 50 percent. The least likely to be affected will be video games at 35 percent, toys at 39 percent, movies at 43 percent, beauty at 44 percent, and music 44 percent.

Consumers Cut Restaurants over Apparel, Movies

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