Consumer Demand Deals for 2023 Holiday Season

It’s the time of year when fiscal decisions need to be made. Should you spend within your means or turn to credit cards? Some consumers choose to splurge during the holidays, while others bargain hunt. This year’s philosophy on holiday spending could be a precursor for the U.S. economy.
Inflation was down to 3.24 percent in October 2023, in contrast to October 2022’s 7.75 percent. But does that mean Americans are ready to spend freely? Or are they approaching the holidays with fiscal caution?
Retailers Dropping Prices
Retailers anticipated consumer caution this holiday season and started promoting their deals early. The biggest attraction for consumers was deals under $35….