Wariness, Anxiety On Main Street Threaten Economic Recovery

Volatile financial markets and high unemployment suggest consumer spending will stay subdued for the foreseeable future. Businesses, in turn, would be reluctant to hire.Anthony Rodriguez is in austerity mode. The 38-year-old Van Nuys resident recently trimmed his family's cable package, canceled his gym membership and is "second-guessing every purchase," even though he still has a job.

Topics:  anthony rodriguez   van nuys   

 

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