Harvard Business Publishing Stat of the Day

Americans Keep Cutting Entertainment Budgets

According to a March Harris Poll, 74% of American adults expect to spend less on entertainment and eating in restaurants in the next six months, an increase over November when 65% planned to decrease spending on eating out and 64% expected to reduce entertainment spending. Only 21% say they expect to have more money for discretionary spending in the next six months, slightly down from 25% in November.

Source: Harris Interactive