This holiday season, U.S. spending is expected to drop 5%, largely due to Gen Z's 23% cutback. Households are prioritizing value as economic uncertainty looms, reshaping shopping habits.
In a surprising twist, American car buyers paid slightly less for new vehicles in May, despite the introduction of new tariffs on imported cars and parts. This minor price dip raises questions about demand and spending habits in the auto market.
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
As American families tighten their belts amid rising tariffs and economic uncertainty, many are cutting back on spending and saving for the future. Experts warn that these shifts could signal deeper economic troubles ahead.
