Thursday, January 12, 2012

Spending on Entertainment Is Down

Between 2009 and 2010, the average household cut its overall spending by 2 percent, to $48,109. By major product and service category, households reduced their entertainment spending the most—down 7 percent to $2,504, according to an analysis of 2009-10 spending trends by the Bureau of Labor Statistics. These numbers are not adjusted for inflation, and once adjusted the cuts are even larger.

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