By Vivekanand Jayakumar, The Hill Once again, U.S. consumers are sharply reorienting their spending patterns — the two-year-long pandemic-induced spending splurge on durable goods appears to be waning just as pent-up demand for services takes off. Despite inflation remaining near 40-year highs, overall consumption expenditure in the U.S. remains quite
By Paul Davidson, USA Today Stan Novak, of Valencia, California, has been hunkering down this year amid the coronavirus pandemic, spending little beyond the bare essentials. But after a flurry of positive news reports this month about COVID-19 vaccines, Novak ventured out to department stores on a recent weekend and
By Jameliah Francis Habits are developed over time and can be extremely difficult to break. It’s even more difficult when it involves spending money, especially during the holiday season. The shopping list may be exhaustive, with a variety of gifts for friends and loved ones and items for the home.