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Atlanta Condos For Sale

Use It Up, Wear It Out – Consumers Hold On to Stuff Longer

February 26, 2011 by Thom Abbott

Consumer spending has picked up, but for some Americans the recession has left something behind: a greater interest in making stuff last.

Consumers Save Products Longer?
Consumers Save Products Longer?

For a number of products — cars, phones, computers, even shampoo and toothpaste — the data shows a slowing of product life cycles and consumption. In many cases the difference is mere months, but economists and consumers say the approach just may outlast a full recovery and the return of easy credit, because of the strong impression the downturn made on consumers.

It is hardly the stuff of generations past, those stung by the Great Depression, who held onto antediluvian dishware and stored canned goods until rust formed on the lids. But for the moment, many citizens of a throwaway society are making fewer visits to the trash and recycling bins.

Read the rest of the story at The New York Times.

Filed Under: Interesting Stories, Random Topics Tagged With: odds and ends

Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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