☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months ago

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

29

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months ago

"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."

Chat

Assian_Candor [comrade/them]@hexbear.net
link
fedilink
English
arrow-up
3·
6 months ago
OD stats would suggest you’re not alone in this idea