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Technology Costs Trump Utility Bills, Discrepancy Rising [STUDY]

Jan 12th, 2012
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Americans are needier than ever — for tech devices that is. A recent study shows that spending on technology devices and Internet connectivity trumps utility costs.

Consumer spending on the Internet, online services, mobile phones and multimedia entertainment costs are on the rise. The study’s authors say approximately 63% of people spend about 35% more on technology bills than utility bills — gas and electricity costs — nowadays. Plus, they expect the difference between those two numbers to rise.