While more Americans report feeling the crunch from the growing affordability crisis — which has largely inflated grocery bills and housing prices — Mastercard still expects US holiday spending to rise by 3.6% from last year.
Mastercard Economics Institute chief economist Michelle Meyer speaks with Julie Hyman about how US consumers continue to spend and their mindset when comparing current price tags to those from a few years ago.
Also catch Michelle Meyer explain Mastercard’s holiday spending growth forecasts amid tariff-driven inflation.
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