Early Birds Have you started on your holiday shopping yet? If so, it might say more about your age than you think. New data shows younger adults, aged 19-29, are the most open to starting their holiday shopping early in the season — especially if it means securing a deal, according to Gallup. By the…Read more
Senior Spending Surge Economists have been somewhat surprised by the strength of American consumer spending in the face of high inflation, and interest rates. There are multiple reasons behind the phenomenon, but baby boomers likely played a role as well. Indeed, government data shows seniors have been spending more than ever over the past few…Read more
Descending Demand The “revenge travel” craze that followed the pandemic may be coming to an end, as budget airlines slash prices to attract travelers. This slowdown in travel spending comes as American consumers are grappling with high prices and everything from groceries to hotel rooms. (Some) Cheaper Flights Prices for domestic flights have fallen by…Read more
