COVID-19 changed the used car market as supply chain constraints and rising demand pushed prices higher. In 2025, those ripple effects are still being felt.
Economists at EY-Parthenon forecast a modest 2.5% increase in holiday spending, but it’s due in part by gifts being more expensive this year. So what are budget-minded shoppers to do?
It’s way too early for most of us to be thinking of holiday shopping. But it’s definitely not for retail strategists, and some believe that younger people are planning to spend less this holiday season than older generations.
The latest NFIB survey of small businesses found nearly a quarter of small businesses raised prices last month. And nearly a third plan to do so in the next three months.
The end of federal EV tax credits jazzed overall sales in July, August and September. But with EV sales likely to plummet, the industry faces increasing headwinds.
Consumer spending has remained resilient as the top 10% of earners accounted for roughly 50% of consumer spending in the third quarter. But one of the “luxury” goods they are spending it on is simple mixture of salt and cream.
Walmart says 90% of products from in-store brands are already free of these additives. But even a 10% change for a retailer as massive as Walmart can have a big effect on the industry
