US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also splurging on restaurants, travel and other experiences impeded by the pandemic. Economists had predicted spending would peter out as the months drew on, as savings diminished,…
#federalreserve #commercedepartments #shannonseery #wellsfargos #seery #kaylabruun #morningconsult #tedrossman #bankrate #creditcardscom
Continue reading...