How’s That Recession Treating You?

Truliant Federal Credit Union surveyed its members to see how the recession has affected their behavior and over 3,000 shared their thoughts. Some of the results are highlighted in this press release.  Anyone who's seen all the restaurants shuttered recently won't be surprised by this one:

Q: If you have cut back on spending, what areas are most affected? 

73% – Dining Out 
70% – Entertainment 
64% – Travel, vacations 
59% – Clothing 
55% – Home Electronics 
45% – Auto (buying/leasing a new vehicle, repairs) 
35% – Home Appliances 
22% – Cell Phones and/or calling plans 
5% – Other 

From the “other” category, popular items that were mentioned include groceries, medications, food and club memberships. Another trend that the “other” category highlighted is that more of Truliant’s member-owners are starting to purchase generic products to help them save money.


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