It’s the time of year when fiscal decisions need to be made. Should you spend within your means or turn to credit cards? Some consumers choose to splurge during the holidays, while others bargain hunt. This year’s philosophy on holiday spending could be a precursor for the U.S. economy.
Inflation was down to 3.24 percent in October 2023, in contrast to October 2022’s 7.75 percent. But does that mean Americans are ready to spend freely? Or are they approaching the holidays with fiscal caution?
