How does Trump's tariff plan affect the situation? Study: American consumers' purchasing power may evaporate by $78 billion each year.
①A study released on Monday by the National Retail Federation (NRF) shows that if Trump's new tariff proposal is implemented, American consumers could potentially lose up to $78 billion in purchasing power annually. ② The report states that if import tariffs are implemented, it will further exacerbate the impact on low-income families, making their budgets even tighter.
Gordon Brothers Agents $150M Debtor-in-Possession Term Loan for Big Lots
Is american spending slowing down? The largest retail industry organization has issued a warning that the growth rate of year-end holiday consumer spending is slowing down.
The National Retail Federation predicts that while the total spending for the upcoming holiday shopping season will reach a new high, high inflation continues to erode consumer purchasing power. The growth rate of this year's most important holiday sales will be lower than last year, and household spending will be more cautious. Consumer spending is a key pillar of the US economy, and insufficient consumer purchasing power may lead to a pessimistic outlook on the economy.
BIG LOTS EXPANDS CREATOR, PUBLISHER PARTNERSHIP OPPORTUNITIES WITH LAUNCH OF AFFILIATE PROGRAM
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BIG LOTS BRINGS BACK 2-DAY 'FRIENDS & FAMILY' EVENT, OFFERING 20% OFF STOREWIDE, SEPT. 21-22
