SOTS 2nd Hour: PCE Breakdown, Retail's "Big 5", and an Exclusive w/the CEO of American Express 11/27/24
Squawk on the Street
Holiday Spending Trends and Retail Insights
This chapter explores the rising planned spending among consumers during the holiday season across all income groups. It highlights a shift towards online shopping and discusses popular gift items as well as the impact of gift card revenue on retailers.
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