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Consumers cut back as tariffs and rising prices reshape summer spending habits

Summary by News 5 Cleveland
If your money isnt stretching as far this summer, youre not alone. A new survey from RetailMeNot shows more than 90% of shoppers are cutting back, many citing rising prices tied to tariffs as the reason.The nationwide shift in consumer behavior is leading to noticeable changes in how people shop, eat and plan their summer.Dining out is one of the first expenses getting trimmed. According to the survey, half of shoppers say theyre eating out less…

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News 5 Cleveland broke the news in on Friday, June 6, 2025.
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