The holidays are a time when people usually loosen their purse strings. But not this year. As job losses mount and retirement savings shrink, people are buying less stuff. Understandable, but it's worrisome for the economy as a whole. KCFR's Megan Verlee looks at what consumer frugality means for the economy.
Frugal Holiday Shoppers and the Paradox of Thrift
By Megan Verlee May 5, 2010
Take CPR News With You Wherever You Go
Get CPR News updates and listen to stories and interviews on demand, with the free Colorado Public Radio app for smartphones and tablets.
Make an impact with a gift of stock or securities to CPR this year
Most Viewed News
By Megan Verlee
By Jane Palmer