Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Media pick up CFACUNAs holiday spending tips
MADISON, Wis. (11/25/09)--Several prominent media outlets picked up findings from Monday’s Credit Union National Association (CUNA) /Consumer Federation of America (CFA) press conference on their annual holiday shopping survey and spending tips. Among those reporting the conference were CBS news.com, America Online’s Walletpop, the San Francisco Chronicle, The Wall Street Journal and NBC.com. The conference also generated considerable coverage in local media markets around the U.S., including WCBS radio in New York City, and WTOP radio in Washington. D.C., plus Fox TV News in Washington, and local TV coverage on stations in Chicago, Austin, Sacramento, San Francisco, Detroit, Nashville, Salt Lake City, Buffalo, Memphis, Birmingham, Ala. and Las Vegas--among others. CUNA Chief Economist Bill Hampel predicted that consumer spending during the upcoming holidays could increase by as much as 3% compared to 2008's numbers. Speaking during the press conference, Hampel said that 43% of consumers surveyed this year said they intend to cut back their holiday spending, compared to 55% last year (News Now Nov. 24). The San Francisco Chronicle, in a consumer column about holiday shopping tips written by Kathleen Pender, quoted Hampel in one of her tips about sticking to a predetermined holiday spending limit. “Even if you go over your limit, keeping the list will make you a more restrained spender than having no list at all,” she wrote. “It’s like the difference between going to the grocery store when you're hungry versus after a big meal,” Hampel told her.
Other Resources

RSS





print
News Now LiveWire
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
53 minutes ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
57 minutes ago
#Jobless claims duck under 300K for 3rd straight week #Market #Economy http://t.co/jOsZWf9HNJ
1 hour ago
62% worry about financial stability: @CUNAMutualGroup study http://t.co/5jCM1I1hnA
2 hours ago
.@nytimes reports Sen. Harry Reid, Senate Democratic leader since 2005, will not seek re-election next year,
4 hours ago