Holiday Shoppers Face Financial Squeeze
Update: 2025-11-28
Description
🎄 Holiday Shopping: A Tale of Two Economies 🎄This holiday season, Americans are grappling with financial strain due to rising prices on everyday goods. Sixty-two percent expect financial stress from holiday expenses, and fifty-eight percent believe gifts cost more this year. Tariffs announced earlier this year have contributed to these price increases, particularly for popular holiday items like electronics and jewelry.Higher-income households, however, are experiencing continued growth in their spending power and wages, with some professionals projected to receive six-figure year-end bonuses. This stark contrast is causing stress for many consumers, with thirty-eight percent planning to buy gifts only for immediate family and close friends, and twenty-three percent agreeing to scale back gift-giving entirely.As prices climb and paychecks feel stretched, many holiday shoppers are wondering if theyll find Santas generosity or an inflationary pinch under the tree this year.
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