Tag Archives: deconsumption

Debit cards still whipping out more often than credit

by Hans Eisenbeis WHAT’S HAPPENING In May 2009, Visa announced that debit transactions had surpassed credit billings for the first time in company history. One year later, Mastercard announced that their cardholders had also debited more than they’d charged for the first time (ABCNews.com 5.6.10). In the first quarter of 2010, MasterCard users spent $118 […]

Americans buy less stuff, experience more life during recession

by Hans Eisenbeis WHAT’S HAPPENING Before the Great Recession hit, we’d already documented a shift among aspirational consumers from buying goods to collecting experiences. Now that trend has mainstreamed in a big way, as financially strapped Americans are cutting their spending and replacing it with low-cost, high-value experiences. The U.S. Department of Labor tracked consumer […]

Tough times, sure. But the “Well-Being Index” is peaking

by Hans Eisenbeis WHAT’S HAPPENING Beginning in January 2008, Gallup research developed the Gallup-Healthways Well-Being Index. The index measures the comprehensive emotional, physical and fiscal health of American consumers on a scale of 0-100. During the fourth quarter of 2009, the index stood at 67.8, equal to its highest previously recorded levels. Emotional health and […]

OF NOTE: Counting cash; sour milk; virtual reality, cash scams and greetings; IKEA; coffee klatch (11.13.09)

-Cash: We’ve watched businesses stop taking it and consumers start saving it. Here’s a look at how people count it across the globe. [vsl] -Sour milk and a settlement for CVS. -A practical panacea: Virtual reality environments are being used to help people lose weight, quit smoking and conquer fears. -’Tis the season to be […]

WE ARE ALL FAT NOW

by Josh Kimball The economy continues cascading. Unemployment’s ugly, retail sales are rank, the housing market is still homely. But there’s one reliable metric in America; one number that, year over year, keeps right on growing  — our waist size. Lost, as our attention focuses on more immediate events, is an unsettling phenomenon that isn’t […]

THE CLEAN FRIDGE CLUB

by Charlotte Beal Four months before the Great Recession became official, I penned what I pegged a top trend for 2009: “Buying Out,” or consumers engaging in deconsumption to save money, lighten the load on the planet and amp independence. Now Iconoculture is seeing this play out in categories from fashion to transportation, but food […]

Follow

Get every new post delivered to your Inbox.

Join 96 other followers