Youlayaway Reports a 17% Increase in Online Layaway Transactions as Inflation and Unemployment Rise
Summary
Brooklyn, NY, June 23, 2011 --( The United States economic downturn has urged many consumers to curb their spending habits as unemployment and food costs continue to rise."As more Americans lose their jobs and see the cost of necessities such as food and gas increase, they become more cautious of buying big ticket items such as televisions, appliances, and laptops.As economic forecasters continue predicting a double dip recession, consumers are shunning their high interest credit cards and turning to layaway as an alternative payment method.Additional information is available at www.youlayaway.com Contact: Laura Mai Marketing Director laura@youlayaway.com ### Brooklyn, NY, June 23, 2011 --( PR.com )-- Youlayaway, a New York City startup that offers online shopping comparison for products available on layaway at major retailers, is seeing a rapid increase in online layaway transactions as the US economy continues to stagger.The United States economic downturn has urged many consumers to curb their spending habits as unemployment and food costs continue to rise."As more Americans lose their jobs and see the cost of necessities such as food and gas increase, they become more cautious of buying big ticket items such as televisions, appliances, and laptops.