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Revenge spending

Americans are still revenge spending on live events — especially concerts

by Matt Levin
Oct 19, 2023
And yet, more than half of Americans say they’re going to cut back on entertainment spending, because of rising costs.
Beyoncé and Taylor Swift took over the entertainment world this year with their highly-attended and highly-promoted concert tours.
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Prices are still rising, and consumers seem tired

by Sabri Ben-Achour
May 10, 2023
Prices rose 4.9% year over year in April and 0.4% during that month. Consumer fatigue is showing in higher credit card balances and lower savings.
Consumers are going to low-price stores more and buying less per visit. They're opting more frequently for generics over name brands, per Jefferies analyst Corey Tarlowe.
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The global economy proves stronger than expected, which is good news for the U.S.

by Mitchell Hartman
Feb 6, 2023
Europe's having a pretty good winter, and other parts of the world aren't doing too badly, either.
The global economy slowed markedly in 2022, and it's expected to weaken further this year. But some patches of the globe are performing better than expected.
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