Tariff anxiety turns fun splurges into stress purchases
Marketplace
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Economic Anxiety and Consumer Behavior
This chapter explores the slowdown in industrial production in the U.S. and its nuanced impact on consumer behavior, particularly due to tariff anxieties. It highlights the phenomenon of 'stress purchasing,' where consumers make impulsive buying decisions to counteract fears of future price increases. Personal anecdotes illustrate the emotional toll of these economic shifts, emphasizing the intersection of psychology and spending habits.
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