U.S. Thrift Index Reveals Modest Increase in Thrifty Behavior But Overall Thrift Score Is Low

Released today in conjunction with National Thrift Week, U.S. Thrift Index is first ever report of its kind; measures the multiple components of thriftPhiladelphia, PA—January 18, 2012—The Great Recession put millions of American households deep into debt and forced families to reassess their financial lives and goals. In surveys done at the bottom of the Recession, Americans said they wanted to give up spendthrift habits, repair their household balance sheets, and practice frugality in their spending and borrowing. A study released today—fifty months after the Great Recession began—