Economic 9/11 Ignites Consumer Insecurity, Retrenchment, and Support for Regulation

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Economic 9/11 Ignites Consumer Insecurity, Retrenchment, and Support for Regulation

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Jacobs, Lawrence

Burns, Melanie

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2008-12-02

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financial crisis

economic downturn

jobs

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The recent financial crisis and economic downturn have reshaped the behavior and attitudes of Minnesotan consumers. A series of surveys of Minnesotans in 2004 and throughout 2008 (including a recent poll in late October) reveals significant consumer insecurity, a retrenchment of spending that is draconian in certain respects, and openness to expanded government intervention and regulation. These results reflect and expand on recent reports of significant declines in consumer spending and consumer confidence.

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Center for the Study of Politics and Governance, Humphrey School of Public Affairs, UMN

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Jacobs, Lawrence; Burns, Melanie. (2008). Economic 9/11 Ignites Consumer Insecurity, Retrenchment, and Support for Regulation. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/194875.

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