Mature Consumers Less Likely to Cut Back

Although they are more likely to be on a fixed income, mature US consumers age 66 and older are less likely than younger consumers to have cut back spending in many areas during the last six months than their younger counterparts, according to new Harris Poll data. Lower rates of cutting back on spending for three of these activities, brown-bagging lunch, buying a morning coffee, and carpooling, may reflect the lower percentage of mature consumers in the workforce.
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