Consumers are delaying big purchases -- big time.
A ChangeWave consumer spending survey reveals a massive breakdown in the willingness of consumers to buy big-ticket items.
In the survey of 2,763 U.S. consumers, completed Nov. 3, 21% of respondents said they have delayed or canceled a major planned purchase in the past 90 days.
What are the top big ticket items consumers have put on hold?
Here's the not-so-fab five:
It's no surprise that autos top the list.
As one respondent said, "Both of my cars have 80K miles. Usually I would be replacing one of them, but I'm delaying that decision due to the state of the economy."
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