OLD Media Moves

Young adults rely on Internet for economics news

June 1, 2009

Young adults rely heavily on the Internet for economic news, according to a nationwide study released Monday by the Donald W. Reynolds National Center for Business Journalism.

More than half of the 400 interviewees aged 18 to 25 said they relied a lot on the Internet for business news, followed by television and the advice of family and friends. They also rated the Internet and television as more accurate than newspapers, radio and magazines.

The study was commissioned by the Reynolds Center with interviews conducted by the Behavior Research Center Inc.

Almost half of the young adults surveyed said they had made decisions in the last year based on economic news. Those included buying less, saving more and putting off going to college.

Read more here.

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