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U.S. consumers expect spending growth but fewer splurges on non-essentials

U.S. consumers expect spending growth but fewer splurges on non-essentials

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U.S. consumers expect their monthly spending to grow above pre-pandemic levels this year but people are becoming less likely to spend big on vacations and other non-essential items – a sign that more households may be more concerned about rising prices, according to a survey released Monday by the New York Federal Reserve.

...read full article on Reuters

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