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Some Americans have permanently changed they way they spend, a new study from Citi shows. Sixty-three percent of Americans said the economic downturn has changed the way they save and spend for the long-term. Only 29 percent said they would go back to their pre-recession spending habits once the economy turns around.
African-Americans and Hispanics have made greater adjustments in their spending and saving than adults overall, per the report which was conducted by Hart Research Associates and based on the responses of 2,005 adults.
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