Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
1 / 6
0

1 in 3 Americans Are Buying More Now Out of Fear of Future Tariffs

CreditCards.com·David Haynes·about 1 month ago
#nSbEFoGa
Reading 0:00
15s threshold

This December report by CreditCards.com examines consumer spending habits through the end of 2024, focusing on the role economic factors and uncertainty play, particularly with President-elect Donald Trump set to take office. Key findings: 30% of shoppers will make more purchases than usual this holiday season Top motivation for increased spending is fear of rising prices due to Trump’s tariffs 22% of Americans plan to make a large purchase before the end of the year, many are motivated to buy ahead of Trump’s tariffs 34% of respondents say they are “doom spending,” and stockpiling items due to feeling fearful or uncertain about the future 30% are likely to go into or worsen debt to secure purchases now Fear of Trump’s Tariffs Is Fueling More Purchases Than Usual This Holiday Season This November and December, 30% of shoppers plan to stock up more than usual. A total of 13% reported they plan to buy significantly more items and 27% somewhat more than they typically do during the holiday season.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More