This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
As inflation persists, consumers are reducing their spending in these areas. Alliance Images / Shutterstock.com
As inflation persists, Americans are cutting spending on just about everything. For the second straight month, total spending declined, according to data from business intelligence firm Morning Consult. That includes spending on services, durable goods and nondurable goods. In particular, people are closing their wallets and forgoing spending on the following expenses.
More from my site
23,000 Kids Age Out of Foster Care Each Year. These 5 Financial Resources Can Help Them Transition
The Fastest-Declining Jobs in the U.S. Over the Past Decade
7 Scenic Road Trips for Enjoying Colorful Fall Foliage
5 Ways the Secure 2.0 Act Can Help You Retire Richer
3 First-Time Buyer Mistakes I Made (and Will Avoid Next Time)
How Much Should You Have in Savings at 30?
