Consumers say they’re financially worse off and it’s changing how they shop
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Consumers are reporting that they are financially worse off than they were previously, with nearly half of americans saying they are in a worse financial situation than a year ago. This perceived decline in financial well-being appears to be affecting their shopping habits. The extent and impact of this trend are still being assessed, with some reports suggesting that certain sectors, such as groceries and restaurants, are being particularly affected.
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