To the Point
The New Thriftiness in America
Today's news that consumer spending dropped by one percent last month, the biggest decrease since 2001, isn't what retailers want to hear right now. After a day of thanksgiving, the holiday shopping season kicks off on Friday, traditionally the biggest shopping day of the year.
By Sara Terry • • 1 min readToday's news that consumer spending dropped by one percent last month, the biggest decrease since 2001, isn't what retailers want to hear right now. After a day of thanksgiving, the holiday shopping season kicks off on Friday, traditionally the biggest shopping day of the year. Retailers count on weeks ahead to bring in one-third of their annual sales. What are retailers doing to bring shoppers in? Are Americans re-thinking their consumer habits in the midst of economic hard times? Will more people be drawn to the simple lifestyle movement? What shifts does that signal for an economy that depends on consumer spending?
The full episode
2 of 3
Giving Thanks and Going Shopping: Not What It Used to Be- 1:53Labor Underrepresented on Obama's Economic Team
- 7:28The New Thriftiness in AmericaYou’re reading this
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Sara Terry
The Aftermath Project
Frances Anderton
architecture critic and author
Andrea Brody
Senior Producer, KCRW's Life Examined and To the Point podcast
Katie Cooper
Producer, 'One year Later'
Candace Corlett
President, WSL Strategic Retail
Jeff Casler
Owner, Second Time Around
Justin Greeves
Senior Vice President of Public Affairs and Policy Research, Harris Interactive
The full episode
2 of 3Giving Thanks and Going Shopping: Not What It Used to Be- 1:53Labor Underrepresented on Obama's Economic Team
- 7:28The New Thriftiness in AmericaYou’re reading this
- 40:21Protestors Shut Down Airport in Thailand