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Thursday 5 September 2024

Some shoppers still feel the pinch

09:23

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Plus: Holiday shopping? Already? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Sep 5 2024

 

Betty Lin-Fisher Consumer reporter

@blinfisher

Hello! This is Betty Lin-Fisher with today's The Daily Money.

The latest consumer spending data is showing signs of solid U.S. consumer spending, despite higher interest rates and inflation.

But there's a dichotomy for some shoppers, based on their wealth, my colleague, Bailey Schulz, reports.

While wage growth has helped boost Americans' purchasing power, economists say there are still pockets of shoppers – especially lower-income renters –who are struggling..

Dollar stores and several other low-cost retailers are feeling the pinch.

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Pockets of consumers are still feeling the pinch in their budgets despite solid consumer spending numbers.

Mario Tama, Getty Images

Ho Ho Ho?

We're trying to hang on to the last parts of summer, but retailers already have their sights – and some merchandise displays – set on the holidays.

They're on to something.

In a new survey by Bankrate, 48% of holiday shoppers say they are planning to begin their buying by Halloween.

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Do you love Pumpkin Spice? I mean, really love it enough to taste test 20 products and get paid $1,000? (Rough deal, huh?)

Personal finance site FinanceBuzz is taking applications for one person to taste test all of Trader Joe's pumpkin-spiced products.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

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U.S. consumer spending and confidence is looking good on paper, but economists say pockets of the population are struggling with inflation.

Stressed about shopping? We're here to help
 

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Breeze Airways sale: 50% off most flights purchased through Thursday

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Pumpkin pie spice from Trader Joe's.    Ps
 

Website offers $1,000 to taste-test Trader Joe's pumpkin spice items

A personal finance site is offering one pumpkin spice lover $1,000 to taste-test Trader Joe's items with the iconic fall flavor.

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