The flush savings accounts and cheap credit that helped keep Americans spending at high rates since 2020 are disappearing Jazzlyn Millberry in Pickerington, Ohio, has been visiting multiple grocery stores to look for the best deals.
Not freak out. Just realistic & not spending on non essential things.
you bet I'm starting to freak out
Lol you don't say? Maybe those record corporate profits have something to do with it. The old saying 'you can't squeeze blood out of a turnip'.
Why spend why you can just steal?
Yeah, that's what happens when the free money runs out, inflation is still sky high, and looting doesn't pay like 2020.
The consumer spending has been fueled by credit cards recently, but as credit cards are getting maxed out things are going to get ugly soon
Maybe greedy corps shouldn’t “lay-off” people in an effort to drive down salaries so we have less spending power. As well, they can more than afford to pay us much better than what they do. So, it’s not our fault we’re spending less. We have no choice.
Thanks to the media.
Good. This is what the fed wanted. More pain ahead
So its all our fault, is it? Not the corporations reporting eye-watering profits? Spare me.
Tough WSJ article with trends only a politician would dispel. J B Hunt Trucking’s comments are scary since this industry’s a traditional harbinger of commercial reality, and home capital projects are being cancelled or scaled back by working couples. “This just might be a duck”.
CitizenFreePres I just went to get a car with a decent credit score and couldn’t get lower than 15% interest. A guy buying at the same time got 20% I’ve never had more than 3% interest! These both were used cars!
The Fed is winning if consumer spending is sputtering.
Elections have consequences. An oldie but goodie. Because it is true.
Food prices up, gas up, 31 trillion dollar debt
Thanks democrats!
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” - George Orwell, 1984
I can only speak for one US consumer - I am certainly not starting to 'freak out.' What I am is angry. I'm aggravated by poor quality & fake shortages coupled with record profits + huge stock buy backs. I have ad burnout. Do not try selling me another gd thing. It's all trash.
The pundits and media talked us into inflating and now talking us into recession 😡. Please, just stop.
My auto insurance jumped 20% this year, so year, there will be cutbacks elsewhere.
Not this consumer…