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New Study From TNS Reports One-Third of Adult Americans Plan to Cut Back Spending Due to Subprime Mortgage Crisis.
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PR Newswire
- Article date:
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October 15, 2007
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Copyright informationCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Research Reveals Consumer Attitudes and Opportunity for Financial Institutions
NEW YORK, Oct. 15 /PRNewswire/ -- TNS, a world leader in market insight and information, today released highlights from a new survey focused on consumer reaction to the subprime mortgage crisis in the United States, including consumer spending practices, the parties responsible and the severity of the crisis. The research was conducted on the heels of the Federal Reserve's most recent interest rate cut. Among the key survey findings are the following:
-- One-third of adult Americans plan to cut back on spending because of
the effects of the subprime mortgage crisis, with consumers ...