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Economy

“Supply chain troubles drive Salesforce’s forecast for 20% increase in prices this holiday season”

“Supply chain problems will hit consumers in the wallet during the holidays, with Salesforce.com Inc. forecasting a 20% increase in prices for the shopping season and beyond. The global supply chain has been tied in knots for a variety of… Continue Reading…

Personal Finance, Predictions, Opinions, & Comments

“Americans racked up $1,300 in holiday debt on average: How to get back on track in the new year”

“Use cash, not credit… Pick a debt repayment strategy…Consolidate balances…Make a post-holiday budget…” https://grow.acorns.com/2020-holiday-debt/ Those are the 4 tips. The link goes into further detail. Click the link if you want to know more. I have something important I want… Continue Reading…

Economy

“Almost 40% of Americans plan to spend less this holiday season…”

“Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year, the largest such percentage since 2013, according to the CNBC All-America Economic Survey. Just 11% plan to spend more… The average American plans… Continue Reading…

Economy

“Holiday crowds at the mall will be smaller this year: ShopperTrak predicts as much as 25% drop in shoppers”

“Black Friday might be losing its clout. But it is still expected to be the busiest day in stores during the 2020 holiday shopping season, according to a new report… Traffic in retail stores is expected to be down 22% to… Continue Reading…

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Happy Holidays!

I wish everyone well. Enjoy some time off. Enjoy your family. Have a great day.