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 As storm clouds gather around the economy, folks are hunkering down and cutting back on spending in these areas. Krakenimages.com / Shutterstock.com

As storm clouds gather around the economy, many Americans are pulling back on spending and hunkering down for tough times. A clear majority of folks — 60% — are postponing plans or purchases of one type or another, according to a Northwestern Mutual survey of 2,740 adults for its 2023 Planning & Progress Study. Survey respondents say they are closing their wallets on the following types of…

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