Monday, July 20, 2009

The recession and young adult alcohol consumption

Young adults are being hit quite hard by the current recession -- over a third report having trouble paying rent -- and many are facing the pain of cutting back on favorite pastimes of the bar-hopping youth: alcohol and cigarettes, according to the Pew Research Center for the People & the Press. Fully 39% of those ages 18 to 29 say they have cut back spending on alcohol or cigarettes as a result of the recession.

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