consumer products

Families earning $100,000 or more severely reduce spending.  What's going on?

Families earning $100,000 or more severely reduce spending. What’s going on?

We want to hear from our readers who have stories to share about the effects of rising costs and a changing economy. If you would like to share your experience, write to [email protected] Please write your name and the best way to reach you. A reporter may be in touch. High-income families feel the inflation …

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Retail sales continued to fall in December as shoppers battled inflation  CNN Business

Retail sales continued to fall in December as shoppers battled inflation CNN Business

Minneapolis CNN – It was the end of 2022 for spending in America. The US Commerce Department reported on Wednesday that US retail sales continued to decline in December, falling 1.1% as inflation continued to rise. This is the largest monthly drop since December 2021, and nearly every category (excluding building materials, groceries, and sporting …

Retail sales continued to fall in December as shoppers battled inflation CNN Business Read More »

The sharp drop in used car prices - what does it mean, and what's ahead |  CNN Business

The sharp drop in used car prices – what does it mean, and what’s ahead | CNN Business

New York CNN – Tracking used car prices is enough to injure anyone. Since the start of the pandemic and resulting disruptions to new-car supply chains that drove prices up for the first time, used-car prices posted their largest annual increase ever — up 45% in the twelve months ending June 2021, according to the …

The sharp drop in used car prices – what does it mean, and what’s ahead | CNN Business Read More »