Wealthy Go Frugal This Holiday Amid Uneven U.S. Recovery

Even the wealthiest aren't outspending Henrys the way they used to. Before the recession, the $250,000-plus crowd was spending as much as four times more on luxury goods than Henrys, said Pam Danziger, Unity Marketing's president. Now they're spending twice as much, she said.

"They're very restrained and feeling very uncertain about their personal prospects and the economy at large," she said.