Consumers at almost every income level are finding ways to spend on getting out of the house.
Between the pandemic and its economic ripple effects, the consumer experience has been a wild ride.
Here's how higher wages, housing shortages and income level can play a role in how much you pay for things like exterminators and car repairs.
Some attribute it to pent-up demand. Others think the American consumer may have changed.
Until recently, consumers had been spending less on goods and more on services. That's changing. Here's what it could mean for inflation.
It's a tale of two inflations: goods versus services.
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.
After reaching a record high of nearly 34% early in the pandemic, the savings rate has dipped below its pre-pandemic level.
People want to get outside and do stuff, not just buy stuff. That's reflected in surging travel bookings — and airfare.