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Tag: consumer spending

10% Cap on Credit Card Fees?

APR fees on credit cards have never been higher, reaching an average of 24.92% as of September 2024 in the United States. In fact, credit card interest rates have...

McDonald’s Bets on China

My humorous post about McDonald’s celebrating Davos with the McKlaus bug burger deluxe was a pretend advertisement, for now, but McDonald’s is a World Economic...

Christmas Spending in the US to Break Records

Americans are planning to increase their holiday spending this year, according to a Gallup poll, which believes Christmas spending in 2023 will be the highest on...

Black Friday – A Key Weekend for Retailers

Retailers have been preparing for Black Friday and Cyber Monday all year. The tradition of post-Thanksgiving shopping has spread internationally with companies...

Halloween Spending 2023

The final quarter is the biggest season for retail. The National Retail Federation believes Americans will continue spending this holiday season despite inflation....

Consumers Spend More on Less

Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...

Consumer Spending for Father’s Day

Inflation will not deter Americans from celebrating Father’s Day. Consumers are expected to spend $20 billion on Father’s Day this year, according to the...

White House Ignores Inflation

No one expected the recent 25-basis point rise in rates to curb inflation in a meaningful way. There are numerous variables contributing to this situation that are...

Super Saturday Shopping

Retailers have their eyes set on Super Saturday, the last Saturday of December to shop before Christmas. Yes, consumerism is still strong enough to require a third...

Increased Consumer Spending Among Scarcity

The global supply chain shortage amid rising inflation is abundantly prominent. The supply shortage could actually cause people to spend more despite rising prices....