Holiday Spending Looks Strong—But Credit Data Tells A Different Story https://t.co/K6Mlpj5CzX https://t.co/leW6wFNIqe ...

The needles are pointing to a more cautious consumer this year. ...

Steve Leeman is here at Post9 with the numbers. And Steve, this question about how inflation is impacting holiday spending. >> We're calling it inflation the red-nosed reindeer.How it's really leading spending. Uh it's factoring heavily into consumers views on spending this holiday season. The All-American Economic Survey finding it's affecting where people choose to shop and of course how much.Of the thousands people surveyed across the nation, uh here are some of the results you can see there. 61% say the ...

Core Insights - The American consumer is experiencing financial strain as holiday shopping approaches, with rising prices on consumer goods impacting spending behavior [1][2] - A significant portion of consumers expect to feel financial pressure during the holiday season, with many attributing rising costs to tariffs [2][5] - There is a noticeable disparity in holiday spending experiences between high-income and lower-income households, with higher earners showing stronger spending growth [3][4][8] Consumer Sentiment - 62% of respondents in Bank of America's holiday survey anticipate financial strain related to holiday expenses, and 58% feel that gifts are more expensive this year [2] - Over half of the respondents believe tariffs are contributing to price increases, particularly in electronics and jewelry [2][5] Spending Trends - Holiday spending per household has increased by approximately 6%, but retail transaction volumes have slightly declined, indicating consumers are spending more but purchasing fewer items [3] - Electronics spending per transaction rose nearly 8% after spring tariffs, while jewelry spending increased by about four percentage points following an August tariff announcement [5] Income Disparity - Higher-income households are experiencing spending and wage growth that surpasses lower-income households, with a 3% increase in spending for high earners compared to less than 1% for lower-income groups [4][8] - After-tax pay for higher earners rose about 4%, while it only increased by about 1% for those at the lower end of the income spectrum [8] Consumer Behavior Adjustments - Many consumers are becoming more selective in their gift-giving, with 38% planning to buy gifts only for immediate family and close friends, and 23% agreeing to scale back gift-giving with relatives [6] - Among those feeling financial strain, 87% intend to shop at discount stores, and 51% are considering gifting cheaper imitations of luxury items [7]

Make holiday financial stress more manageable with these simple, but intentional steps. https://t.co/4SzC4tS2LT ...

Tariff Impact & Supply Chain - Tariffs in 2025 presented challenges for TheraBody, leading to supply chain diversification out of China and operating expense reductions [2][3] - A slight price increase was implemented, the first since the company's inception [3] - The recent tariff reduction of 10% by the administration is being immediately passed on to consumers [4] Consumer Behavior & Sales Performance - TheraBody is observing strength in new product sales, aligning with expectations [6] - Black Friday and Cyber Monday results were in line with projections [6] - The company is offering greater discounts at entry price points to maintain competitiveness [7] - Consumers are demonstrating resilience and are not compromising on wellness despite economic challenges [7][10] Wellness Industry & Product Strategy - The wellness industry is now a $2 trillion market, with Americans spending over $6,000 per person annually [8][9] - TheraBody's products are positioned within the wellness technology area, offering alternatives to pain medication [11] - The company is expanding its technology from athletes to a broader audience, including wellness facial beauty products [13] - The Face Glow Mask features 504 lights and has undergone the largest clinical study, showing results within 12 weeks [13]

Welcome to Mind Your Money. I'm Broo Dama and this is Yahoo Finance's [music] flagship personal finance show. Think of this as your financial toolbox.For the next 30 minutes, we'll give you the latest money [music] news, cut through the jargon, and tap into expert advice, all designed to help you take [music] control and build a stronger, healthier financial future. On today's show, we're covering all things holiday [music] spending. First, we let you know whether using a travel credit card can actually hel ...

Holiday Spending Expected To Top $1 Trillion For First Time, NRF Sayshttps://t.co/gNTNByPaLJ https://t.co/n2iXimfM11 ...

Core Insights - A significant portion of Americans plans to spend the same or more on holiday gifts this year, with 78% expecting to exceed last year's spending, averaging over $2,000 [2][7] - Financial stress is prevalent, with one in four Americans feeling pressured to overspend, leading to increased borrowing and extra work [2][4] Spending Behavior - 84% of Americans intend to use credit cards for holiday purchases, and 30% plan to utilize Buy Now, Pay Later (BNPL) services [3][7] - Nearly half (46%) of consumers are unaware that BNPL can impact their credit scores, highlighting a gap in financial literacy [3][7] Demographic Insights - Younger generations (ages 18-44) report higher levels of spending pressure compared to older generations, with 36% of younger shoppers indicating high stress levels [7] - In contrast, 53% of shoppers aged 55 and above feel little to no pressure regarding holiday spending [7] Emotional Impact - Anxiety is the most common emotion experienced by Americans after reviewing their bank statements post-holidays, with 36% reporting this feeling [7] - One in three Americans regrets holiday purchases that strain their finances, indicating a disconnect between spending and financial well-being [7] Recommendations for Consumers - MoneyLion advises consumers to create shopping lists and budgets to avoid impulse purchases and manage spending effectively [6][13] - Utilizing budgeting tools and cashback apps can help consumers stay aware of their expenses and find deals [13]

PwC's 2025 Holiday Outlook report, found that shoppers, for the first time since 2020, are saying they plan to spend less during the holiday season. https://t.co/YW9tTVbPND https://t.co/m3qBvvANh0 ...