What We're Buying More of During the Recession
With few exceptions, people are spending less nowadays. Spending is down on everything from home improvement to organic milk to Mother's Day gifts. So, obviously, the recession affects the way all sorts of people—such as an unemployed couple, a sports CEO, an ER doctor, and others profiled in a Time package—make decisions about how, what, and when to buy. But there are exceptions to the spend-less rule. What sorts of things are we actually spending more on of late?
Think escapism. Think mini-splurge. Think stress relievers. People are going out less for splashy nights on the town. They're staying in for romantic nights at home instead. Hence, condom sales are up. So are donuts, which might be considered escapist, splurge-y stress relievers all in one. Where else is business booming during the recession?
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- Corbis
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[...] among the products that consumers deem to be good values—based on the fact that they have sold well despite (because of?) the recession—include McDonald’s and other fast food [...]
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[...] among the products that consumers deem to be good values—based on the fact that they have sold well despite (because of?) the recession—include McDonald's and other fast food and [...]
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[...] which has experienced excellent sales during the recession, is going head-to-head (to-head, I suppose) with Hardee's and Carl's Jr. restaurants, all of which [...]
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[...] Regardless of how frequently men are purchasing new tightie whities, there are some very interesting items that consumers are buying more of during the recession—an interesting list that includes condoms, donuts, fast food, and smartphones. [...]
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[...] there's one thing that may provide even better, more satisfying escapism than either chick lit or romance novels: It's called [...]
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[...] has been doing very good business during the recession, and when it recently rolled out its $3.99 Angus burger nationally, CKE, which owns Hardee's and [...]
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[...] clothing are out of favor. What may be replacing those "treats" are mini-splurges, on things like donuts, fast food, and a night out at the movies. That's not to say all hefty expenses—ones that seem absurd to the middle class right about [...]
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[...] a sense of how the economy is faring, you could look at home sale prices, or unemployment stats, or what products are actually selling well at the time. Instead, a New York magazine story explores the symbiotic relationship between the [...]
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[...] (in the trend sense) is that, during a time when most products are suffering steep sales declines, condom sales are up, alongside strong sales of things like donuts, smartphones, vegetable seeds, and lottery [...]
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[...] the rest of the world (who Australians are told are far worse off than the lucky country) are spending on items to help them escape the Recession [...]
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[...] Time Magazine blog lists a few business/product/shopping/etc. categories that are apparently holding up or even [...]
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[...] effect on most areas of the retail sector, more than a few industries are experiencing an uptick. Time examines recent trends in consumer spending, discovering that products and services that fulfill [...]
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Sensations and feelings are also buying guide, above all under recession.
Sergi Codonyer
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