Let the good times roll: How global consumers are using leisure and escapism to cope with recession

Let The Good Times Roll: Executive Briefing’ examines the trend of escapism during economic recessions.
Drawing parallels between the 1930s Great Depression and 2009 such as the proclivity for feel-good films, romance novels and spending on affordable indulgences. Home escapism is facilitated by technology like HD TVs, and hobbies such as baking, sewing and scrapbooking. Out of home escapism includes ‘staycations’, outdoor activities, and leisure shopping. Online escapism covers social media use, music streaming services, and multi-player gaming. It predicts increased downloading, gaming, cocooning and the recovery of travel and cinema industries....

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