People in the U.S. saved an estimated $2.1 trillion at one point in the pandemic. By some estimates, that money's pretty much gone.
Sales at furniture stores have been sliding amid a cooling housing market and weakening consumer sentiment about making big purchases.
Shipping companies need to cover their higher costs, but there's a limit to how much they can pass on to customers.
A survey from the Institute for Supply Management found that a majority of service-sector businesses feel positive about business conditions and the overall economy.
The rebound from pandemic deprivation continues, says Adriana Samper of Arizona State, and the reasoning can get pretty creative.
During the pandemic, people spent money on stuff. Then, they spent money on experiences. Now, it seems they're spending money on things that help them connect.
But what they're spending their money on is shifting.
Demand for consumer electronics has fallen since the early days of the pandemic. But Best Buy says electronics demand could stabilize in the near future, or even grow.
Consumer spending, which accounts for most of GDP, grew more in the second quarter than initially reported.
Over the last year, many retailers have been successfully using discounts to purge their excess inventories. Now, retailers might use discounts to lure skittish consumers.