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Millions of Americans are still shopping like crazy. But retailers worry their voracious appetite won’t last much longer.
Retailers are making a calculation about what to put on shelves. And it comes down to supply and demand.
Manufacturers say they’re still optimistic that demand will be there for goods they make. But consumers may start to pull back spending on services.
Consumption of durable goods in the U.S. is well above pre-pandemic levels, exacerbating supply chain bottlenecks caused by the pandemic.
Spending is still down, prices are up and owners are worried about how the variant will affect business.
Despite the omicron variant, “the recovery we’re in has an awful lot of momentum,” says Visa chief Al Kelly.
What’s behind the trend and how long it might last?
Haunted by their own supply chain woes, many retailers are trying to get what they themselves need for the holidays.
Inflation may give consumers pause, but there are signs that credit balances have ticked up a bit, and wages are on the rise.
Three independent retailers on how they’re dealing with shortages, price increases and high demand.