UM: Recession Generation

USA Today writes about how the recession is affecting spending habits of the generation now in their 20s. The article quotes economist Richard Curtin, who directs consumer surveys at UM: ”This is the time where a lot of their attitudes are set. The long-term is still in question, but it has the potential to have a big impact and change the views that they’ll have throughout their lives. They’ll be more oriented toward economic security and relationships, more toward savings and less toward spending.” [Source]