Survey: Consumers to Cut Spending, and Probably Still Cut in Line on Black Friday

There are a few things you can count on happening every Thanksgiving holiday. Eating too much turkey and pumpkin pie? That's a given. Arguing with the in-laws? Only if they're invited. Watching the Detroit Lions lose to ____ (fill in the blank, as the opposing team is irrelevant to the outcome)? You can count on it. And finally, should you decide to venture out on Black Friday, encountering a horde of shoppers more frightening than anything you're likely to encounter in Left 4 Dead? That's an understatement. But while the pushing and shoving and the sheer number of shoppers isn't likely to let up, the spending just might. According to a new survey by international management consulting firm Oliver Wyman, the outlook for technology and media sales looks pretty grim as six out of ten U.S. consumers plan to cut back spending (PDF) . Desktop PCs, notebooks, media players ,and digital cameras look to the take the biggest hit, with over half of the survey's respondents saying they plan to spend less on ... (link)