Published • loading... • Updated
'Funflation' is on the rise as hobbies get pricier, but consumers keep spending anyway
Summary by CNBC
6 Articles
6 Articles
Americans' spending on leisure activities grew more than twice as fast as the number of transactions in August, according to a new analysis from Bank of America. This could be a sign of "funflation," the analysis says.
Entertainment in the United States is becoming increasingly expensive, but Americans aren't skimping on it. They're willing to spend money on a variety of passions, from outdoor activities to gaming.
·Poland
Read Full Article
Bank of America's analysis shows high of Funflation in the U.S.: expenses with hobbies rose 7.9% in August and travel became more expensive
Coverage Details
Total News Sources6
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
