Tuesday, March 25, 2008

Going into 'survival mode'-New Englanders

Going into 'survival mode'as economy slides


New Englanders hunker down, channel inner Yankee
By Don Aucoin Globe Staff / March 25, 2008

When a recession hit in the 1970s, Kathleen Carter barely noticed it. She was young, single, working as a bar manager in a restaurant, and on the verge of buying a home. Economic gloom registered only as a distant echo.

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Now she is 55, and the current slowdown is impossible to ignore. Its effects bear down on her every day. She has had to put every household expense under a microscope, and she is cutting back wherever she can......"
consumer spending on basics

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