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We spent despite being whipsawed by economic news. Raises and slowing inflation helped.
Many have higher expenses and are raising prices, but more consumers now have a taste for their relatively inexpensive meals.
Inflation’s been running hotter in areas that people have been moving into — and cooler where they’re moving out.
Prices rose 7.1% in November compared to a year ago — less than expected.
From early bonuses to gas cards and free lunch, companies offer perks to retain employees while struggling to keep their costs down.
Ice cream trucks are raising prices to keep up with increasing costs. That’s putting a chill in sales, Christina Morales of The New York Times reports.
The program is expected to provide a large benefits increase in 2023. Until then, many on fixed incomes have to tighten their budgets.
Wednesday the government will tell us how much prices changed year over year in July. Inflation was an alarming 9.1% in June.
While consumers cut back on goods spending, spending on services jumped.
“Productions have to start making choices” due to inflation and supply snags, says Winston Cho of The Hollywood Reporter.