Saw this great article on the idea of scrapbooking being recession-proof. I think scrapbooking has become the "rich lady's hobby" in some cases, which is why there are so many outlets for creative and inexpensive ideas. So unlike many other hobbies, I think scrapbooking will become impacted by a turn in the economy, although I don't think it will become unpopular.
Many other folks like me who are sick of high prices and ridiculously uncreative and high-priced "kits" look for other ways to make our scrapbook pages come to life. When the economy is in a down-turn, I think more people will either look for better ways to scrapbook without blowing a ton of money, or they'll merely give it up if they're uncreative. (Although most scrapbookers are VERY creative.)
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