HolidaySpending

Christmas Shopping Forecast Dims as Americans Prepare to Tighten Their Belts This Holiday Season

2 months ago

As the holiday season approaches, a concerning trend is emerging in the retail sector: Americans are planning to cut back on their Christmas gift expenditures. A recent survey indicates that consumers are approaching their shopping with caution, reflecting a broader sentiment of financial anxiety amidst ongoing economic challenges. With inflation still impacting everyday expenses, more individuals are reconsidering their holiday budgets, leading to a potentially bleak outlook for retailers this Christmas.

US Shoppers Expected to Boost Holiday Spending by 7% This Year

3 months ago

This is an unexpectedly good news for the US economy: the holiday spending by American shoppers is likely to increase an impressive 7% this year. The optimistic forecast means that consumer confidence is picking up significantly and could mean that the US retail sector will face a bustling holiday season.