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Posted AT 8:16 AM EST on 23/10/08

Internet, cellphone: 'the new essentials'

From Thursday's Globe and Mail

Amid the threat of tough economic times, Internet and cellphones have become almost like heat and water for consumers - they are among the last monthly expenses that households are willing to cut from their budgets during a recession. A survey conducted last week in Canada and the U.S. suggests that if consumers are forced to reduce spending, they will look almost everywhere else in their household budgets before they unplug their computer or switch off their BlackBerry.

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