In case you haven't heard, the economy has been doing its imitation of David Caruso's career before he got a part on CSI: Miami (and if anyone can tell me what show that line is from, I will be impressed because it's pretty random). Which begs the question: are you going to spend less this year than you have in the past?
TodaysMama.com released the results of their survey, which says that a whopping "85 percent of moms plan to cut holiday spending due to economic conditions." (I guess all of the dads were too busy playing fantasy football and visiting strip clubs to participate in the survey. I kid.)
From the press release:
SALT LAKE CITY.– November 24, 2008 – TodaysMama.com today announced the results of their 2008 Holiday Economic Survey, revealing that 85% of Moms across the United States are trimming their holiday budgets due to concern about the long-term economic outlook. Of those, 14% plan to cut holiday spending by an astounding 75%, and 32% will cut holiday spending by 50%. The survey, which included 1050 respondents, also found that 62% of Moms do not plan to shop on Black Friday, and 66% believe it will take two to three years for the economy to recover.
So – moms, dads, and everyone else – how about you? Will gifts be closer to "a package of socks" rather than "a flat-screen television"? (Nothing wrong with that, by the way. I could use some new socks.) Are you planning to cut back on your spending this year?
source: TodaysMama.com
image: CCTV Blog
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