 Organic Mixtures
Green Products Suffer in Slow Economy
Restaurants, Green Products Big Losers as Pessimistic Consumers Cut Back
Some 58% of Americans feel that the economy has reached a low point and nearly half (47%) think it will stay this way for a while, prompting spending cutbacks on nearly everything - from charitable contributions to dining out to beauty and grooming products, according to the November/December 2008 Insight Report from MarketTools, Inc.
The report, which focuses on US economic conditions and how they will affect spending in the coming months, foretells an economically turbulent holiday season and spending reductions for the longer term.
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