Americans expected to break holiday spending record, despite inflation, economic uncertainty

Americans expected to break holiday spending record, despite inflation, economic uncertainty

From youtube.com/cbsnews

Despite rising inflation and economic uncertainty, Americans are expected to spend a record amount this holiday season. The National Retail Federation's annual holiday forecast estimates Americans will spend more than $1 trillion in November and December. Mark Matthews, chief economist and executive director of research at the National Retail Federation, joins "The Daily Report" to discuss. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting ...

Nov 9, 2025 1:34pm

bankruptcies, layoffs, shutdown, might be alittle optimistic on US consumers spending ?

Trader#73B0

Nov 9, 2025 2:26pm

Americans expected to break holiday spending record due to inflation and economic uncertainty.

Any bonehead could predict that.

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