America Turning Thrifty

Consumer spending is on the decline, and every extra penny is being saved for rainy days. Also consumers are turning into shrewd shoppers when it comes to back-to-school shopping.
America Turning Thrifty
Andrew Burton/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/120252421_ManhattanMall.jpg" alt="FRUGAL SHOPPERS: People shop at the Manhattan Mall on West 33rd Street on Aug. 2 in New York City. Consumer spending is on the decline, and every extra penny is being saved for rainy days. (Andrew Burton/Getty Images)" title="FRUGAL SHOPPERS: People shop at the Manhattan Mall on West 33rd Street on Aug. 2 in New York City. Consumer spending is on the decline, and every extra penny is being saved for rainy days. (Andrew Burton/Getty Images)" width="320" class="size-medium wp-image-1799202"/></a>
FRUGAL SHOPPERS: People shop at the Manhattan Mall on West 33rd Street on Aug. 2 in New York City. Consumer spending is on the decline, and every extra penny is being saved for rainy days. (Andrew Burton/Getty Images)
Heide B. Malhotra
Heide B. Malhotra
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