What you need to know
- 49% and 38% of surveyed U.S. tech users are making "significant" or "slight" cutbacks to their tech spending in 2023.
- 64% of consumers are avoiding "big-ticket luxury items" like computers and TVs; only demand for smartphones remains unchanged.
- Video streaming subscriptions are the most common category for saving money, followed by eating out less.
- The survey was conducted by Android Central's parent company, Future, in preparation for the relaunch and rebrand of our sister site Techradar.
