While economists tend to focus their attention on the latest stock market trends and fiscal policy, there are new consumer trends developing that hit much closer to home. For example, the decisions Americans have been making about how often they reach for their credit cards has changed dramatically over the past few years. Indeed, consumers have adopted new spending habits that speak volumes about the lasting impact of the economic recession.
Here’s a quick glance at an interesting trend we've noticed and what it might say about the rest of the economy as a whole.