Economy

May 24, 2009

Recession has Americans spending less

We're at the dawn of a downsized era. U.S. households have begun spending less than they earn. To most, the Hummer is an ugly anachronism, while Hyundai sales are climbing. It's less chic to be chic, we're nervous about our savings, and our credit is running out.

Related content

Comments

Editor's Choice Videos