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Economy: Recession, Net Worth / Frugality #1003196

ABC Evening News for Friday, Sep 16, 2011
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(Studio: Elizabeth Vargas) The chance of a double-dip recession and the drop in household net worth cited.

(Studio: Jim Avila) The implications of the trend of American frugality examined; Bankrate.com survey findings on the cut in spending and an increase in savings cited. [Shopper Juanda SPEARS†- explains her shopping strategy.] [Bankrate.com analyst Greg McBRIDE†- cites the frugal mindset.] Business sales strategies from Target, Procter and Gamble and Walmart cited.

Reporter(s):
Vargas, Elizabeth;
Avila, Jim
Duration:
00:02:40

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