Credit crunch fatigue sets in
Mintel expects Americans to tire of financial worries and woes soonAfter months of hand-wringing and finger-pointing, the economic crisis is beginning to wear on many Americans. Despite a long road ahead to recovery and stability, market research firm Mintel anticipates many will move on with their lives sooner rather than later. “On a very basic level, people are feeling credit crunch-ed out,” states Susan Menke, senior financial services analyst at Mintel. “The financial crisis is all we’ve heard about, read about and thought about for weeks. Add that to the fact that many people truly are struggling financially and you’ve got a nation looking for some relief and distraction.”
MintelAdmin
More from Mintel
-
Discover your next big breakthroughGet smart fast with our exclusive market research reports, delivering the latest data, innovation, trends and strategic recommendations....View Reports
-
2025 Global TrendsUnderstand what’s new and next in consumer behaviour and the impact on marketing and innovation strategies....Discover trends
-
Are you after more tailored solutions to help drive Consumer Demand, Market Expansion or Innovation Strategy?Ask for a customised strategic solution from Mintel Consulting today....Find out more
Press Release
2008
0
Related articles
May 28, 2025
Consumer
Article
From gourmet chicken with customised spice levels to a banquet of dipping sauce choices, chickenshops are proving particularly appealing to the better-off £75k plus household income group whoare far more…