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Media turn out for CUNA holiday poll
WASHINGTON (11/24/09)—More than 15 national, international, and local media outlets covered the tenth annual projection of consumers' holiday spending plans produced by a national survey sponsored by the Credit Union National Association (CUNA) and Consumer Federation of America (CFA). CUNA and CFA also used the
Click to view larger image Sabri Benachour of National Public Radio follows up with CUNA's Bill Hampel about the meaning of the results in the CUNA/CFA holiday spending survey. (CUNA Photo)
opportunity to provide consumers with tips to help keep holiday spending debt under control. The event was held Monday at The National Press Club in Washington, D.C. CUNA Chief Economist Bill Hampel discussed the survey, estimating that consumer spending during the upcoming holidays could increase by as much as 3%. Only 8% of consumers surveyed said that they would spend more this year than the previous year, Hampel said. The Wall Street Journal provided quick coverage of the event, reporting that 43% of consumers surveyed would significantly reduce their holiday spending from the previous years budget. To read the Wall Street Journal story, use the resource link. Other television, cable and radio networks, and newspaper groups that attended or covered the press conference included:
Click to view larger image News camera crews prepare their equipment before the holiday spending press conference begins. More than a dozen major news outlets covered the tenth annual release of CUNA-CFA consumer spending predictions. (CUNA Photo)
* CNN * Fox News * WAMU, a D.C.-based affiliate of National Public Radio * CNBC * CBS * The Epoch Times * Japan Broadcasting Corporation * Credit Union Times * ABC Radio News * American Observer * Market News International * AM Media * Business News Americas * Hearst Television * WUSA, a D.C.-based CBS affiliate
CBS Radio also interviewed Hampel later in the day. For more on the CUNA-CFA predictions and to read the groups’ consumer tips to help keep holiday spending debt under control, see related story in today's News Now: CUNA-CFA: Consumer holiday spending to improve from last year.


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