Results: Americans plan to keep cutting back on spending through the holidays, new survey says
Published on 09/19/2023
Consumers remain cautious in their spending and they’re being more discerning about where and when to part with hard-earned cash. Inflation has come down, but remains stubbornly high.
Source: https://www.cnbc.com/2023/09/18/americans-plan-to-cut-spending-through-holidays-survey-says.html
Source: https://www.cnbc.com/2023/09/18/americans-plan-to-cut-spending-through-holidays-survey-says.html
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1.
1.
The vast majority of adults (92%) have reduced their spending over the past six months, according to a poll fielded on behalf of CNBC by Morning Consult. The most common categories for spending cuts over the past six months were clothing and apparel (63%), restaurants and bars (62%), and entertainment outside the house (56%). Have you reduced your spending over the past six months?
Yes
62%
1677 votes
No
24%
661 votes
Undecided
13%
362 votes
2.
2.
Looking ahead to the all-important holiday shopping season, a warning for retailers: More than three quarters of all U.S. adults surveyed (76%) plan to cut back on spending for non-essential items. Are you plannong on cutting back your usual holoday spending? Yes
51%
1381 votes
No
20%
527 votes
Undecided
17%
469 votes
Not Applicable
12%
323 votes
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