Consumers aren’t having a very merry holiday season, AP-NORC poll finds
Summary
A new poll by AP-NORC shows that many Americans find holiday shopping more difficult this year. High prices for groceries, electricity, and gifts are causing people to dip into savings and search for deals.Key Facts
- AP-NORC conducted a poll about holiday shopping in the U.S.
- Many Americans say prices for groceries, electricity, and holiday gifts are higher than usual.
- More than half of the people surveyed are using their savings for holiday shopping.
- About half find it harder to afford holiday gifts.
- Many are delaying big purchases or cutting back on things they don't really need.
- President Donald Trump is in office during this economic situation.
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