U.S. consumers expect spending growth but fewer splurges on non-essentials

By Jonnelle Marte 

  (Reuters) – U.S. consumers expect their monthly spending to grow above pre-pandemic levels this year but people are becoming less likely to spend big on vacations and other non-essential items – a sign that more households may be more concerned about rising prices, according to a survey released Monday by the New York Federal Reserve. 

  The survey showed that consumers expect to spend more on daily living expenses in the coming year. But it also showed that…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *