U.S. Spending on Entertainment Continues to Slide31 Mar, 2009 By: Billy Gil
Although the Obama Administration continues to urge consumption, spending on entertainment has continued to decrease.
Results from The Harris Poll, a study of 2,355 U.S. adults conducted online between March 9 and 16 by Harris Interactive, shows cutting back over the next six months, with about three quarters of respondents saying they will reduce their entertainment spending. The number is up from November, when 64% said they would spend less on entertainment.
Other results from the poll showed 78% would likely not buy a new computer, about the same as November, while 21% said it is likely they would have more discretionary spending money in the next six months, down from 25% in November.