The holidays are coming and experts say Americans will be opening their wallets

By Yahoo! Finance   |   1 year ago
The holidays are coming and experts say Americans will be opening their wallets

Consumer sentiment on holiday spending influenced by inflation, yet projected to rise by 7% to $1,638 per shopper. Despite concerns, retail sales hit record levels, with low debt-to-income ratio and rising wages offsetting inflation. Positive economic indicators suggest resilience in spending and market growth.

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