Thursday, October 23, 2008

Internet, cellphone: 'the new essentials' Belt-tightening consumers more likely to cut back on movie tickets, DVDs and top-tier cable, study finds

The world have changed!

GRANT ROBERTSON
Globe and Mail, Oct. 23, 2008

Amid the threat of tough economic times, Internet and cellphones have
become

Almost like heat and water for consumers - they are among the last
monthly expenses That households are willing to cut from their budgets
during a recession.

A survey conducted last week in Canada and the U.S. suggests that if
consumers are forced to reduce spending, they will look almost
everywhere else in their Household budgets before they unplug their
computer or switch off their BlackBerry.

James Morton
1100 - 5255 Yonge Street
Toronto, Ontario
M2N 6P4

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