Holiday Spending Outlook: Are Consumers Feeling the Pinch?
Consumer spending remains resilient, but are Americans really on solid financial ground? Equifax Advisors Dave Sojka, Maria Urtubey and Jesse Hardin examine the K-shaped economy, rising credit pressures and shifting consumer behavior heading into the holiday shopping season. Justin Begley, economist at Moody’s Analytics, provides a macroeconomic update.
From credit card utilization and home equity borrowing to regional spending differences and the disconnect between consumer sentiment and actual spending, the team explores what the latest economic and credit trends reveal about the American…
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