Holiday shopping kicks off with inflation dampening spirits
51 Articles
51 Articles
Holiday shopping kicks off with inflation dampening spirits
NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains.The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers.As a result, many are reluctant to spend unless there is a big sale and are being more selective with what they will buy — in many…
US inflation dampens holiday shopping spirits
While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains.The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers.As a result, many are reluctant to spend unless there is a big sale and are being more selective with what they will buy — in many cases, trading …
Holiday shopping in U.S. kicks off with inflation dampening spirits
While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains. The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers. As a result,…
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