US EditionHigh cost of goods is causing consumers to spend less for the holidays, CNBC survey finds
A CNBC survey found 41% of Americans plan to spend less and 16% plan to spend more this holiday season due to inflation and rising household debt.
4 Articles
4 Articles
Fewer Americans are holiday shopping due to 'high cost of goods' in Trump’s economy
A new survey shows that growing number of Americans are planning on cutting back on spending during the 2025 holiday season.According to a Monday report from CNBC, more Americans say higher prices are to blame for them spending less money on presents for loved ones this year. The outlet's "All-America Economic Survey" found that 41 percent of Americans say they're spending less on gifts this year, which is up six points from the 2024 survey.Amon…
Americans Say They Can’t Afford Holiday Gifts Under Billionaire Trump
Higher prices are forcing Americans to cut back on holiday presents this year, a new poll has found. A total of 41 percent of Americans plan to spend less on presents this year, CNBC reported. That’s a six-point jump compared to 2024 and the most significant increase since the 2022 inflation surge, according to the new CNBC All-America Economic Survey, Of those who reported they would be spending less, 46 percent said the reason was the “high co…
High commodity prices are increasingly influencing how much and where we spend during the holiday season. The latest CNBC All-America Economic Survey shows that for many Americans, the high cost of goods has become the primary reason for cutting back on purchases. At the same time, (for the first time in the survey's history), the most frequently cited reason for some people spending more is simply... higher prices. It's a paradox of high prices…
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
