It’s been a financial doozy out there for consumers lately, to say in the very least. Inflation continues to bubble up to the forefront of many stories, followed by tech sector layoffs and skittishness within the banking sector.
On March 15, the U.S. Census Bureau released its results for retail sales in February. The report is a useful roadmap that provides insight into what consumers are prioritizing and spending on. It also showcases the segments within retail where consumers might have cut back or pared down.
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