The Fruits of Austerity

No economic poll these days is complete without a section in which consumers declare they’re cutting their spending. But how much money have they saved through all this austerity? We get a partial answer from a poll. Women were asked to identify the area in which they’ve cut their spending the most and then to say how much they’ve saved during the previous three months by economizing in that one sector. Twenty-nine percent said they’ve saved less than $50; 34 percent said they’ve saved $50-99; 27 percent said they’ve saved $100-249.