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Newsy Feature: Consumers Making Hard Choices

  • Lisa W. Miller
  • Nov 12, 2021
  • 1 min read

Demand for joyful experiences is still strong, yet consumers are having to make tough choices about how to spend their hard earned money.

Over 60% of Americans report that they are "pulling back" on spending, up 9% since just last month. More people are continuing to find that they are living paycheck-to-paycheck (45%).


With funds tight, consumers are reducing the amount of times they go out, but splurging more when they do go out. They're making tradeoffs, and balancing saving and splurging.


 
 
 

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