News Analysis
American consumers are proving to be more resilient than many market experts had expected in the tough economic climate, and this strength in spending is fueling the reacceleration in inflation.
A woman carries shopping bags as customers visit the American Dream Mall during Black Friday in East Rutherford, N.J., on Nov. 25, 2022. Kena Betancur/Getty Images
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
