It depends on how much consumers are willing to spend, and how much retailers are willing to discount. Some years the discounting is deeper, and this is expected to be one of those years.
Consumers looking to boost their savings in a higher inflation environment are going to be looking for any opportunity to make every dollar go further this holiday season. Drew Matus, managing director and chief market strategist at MetLife Investment Management, joins us to discuss.
Disposable personal income rose at a faster pace in October than the month before
by Justin Ho
Kamil Krzaczynski/AFP via Getty Images
Income growth is continuing to propel the U.S. economy. But whether consumers keep spending into next year could depend on where they are on the income scale.
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