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How American consumers are feeling the squeeze, in 4 charts

Summary by KIFI
By Alicia Wallace and Soph Warnes, CNN (CNN) — The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead financially. The hits just keep coming. A raft of policy moves from the Trump administration, including particularly steep tariffs that could cause prices to rise, and the whipsaw approach being taken, have stoked uncertainty and driven down sentiment to some o…

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How American consumers are feeling the squeeze, in 4 charts

The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead.

·Atlanta, United States
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Between January and May, sales in the United States fell by 3.6 per cent, an unprecedented decline since the pandemic. Even repeat promotions were not enough to stop the decline in restaurant use. According to the group's leaders, the tense economic atmosphere, exacerbated by the impact of the trade war launched under Trump, is holding back consumer cravings. This is a serious burden on the chain's performance, including at the heart of its hist…

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CNN broke the news in Atlanta, United States on Sunday, June 1, 2025.
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