Health Of The U.S. Consumer: Inflation Slowing Spending
b'"Inflation is slowing consumer spending. 2 out of 3 Americans have taken steps to save due to price increases. People are delaying discretionary and big ticket purchases," says Claire Tassin. "High-income shoppers are absorbing inflation costs, middle income shoppers are finding ways to save, and low income shoppers are delaying purchases," Tassin adds.'