Two Out of Five Americans Cut Spending Amid Government Shutdown
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The U.S. government shutdown prompted two out of five Americans to curb spending, according to a survey commissioned by Goldman Sachs Group Inc.
The survey of 1,025 people, conducted from Oct. 10 to Oct. 13, found that the shutdown had a greater impact on lower income consumers, with 47 percent of respondents who earned $35,000 or less saying they would curb spending. Among those with income of more than $100,000, 32 percent said they would tighten spending.