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Retailers may be in for a lean holiday shopping season, with 79% of Americans looking this year to spend less on gifts than usual, according to data from McKinsey & Co.
That percentage is 5% greater than the portion who were looking to economize in their 2022 holiday shopping.
On the other hand, holiday spending this year could be buoyed by recent progress in curbing inflation.
Last week, federal officials reported no change in the U.S. inflation rate from September to October — the first time that's happened in over a year. Prices still rose by 3.2%, but even that amount is modest by recent standards.
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Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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Sponsored by: GoNetspeed, a fiber internet provider
Retailers may be in for a lean holiday shopping season, with 79% of Americans looking this year to spend less on gifts than usual, according to data from McKinsey & Co.
That percentage is 5% greater than the portion who were looking to economize in their 2022 holiday shopping.
On the other hand, holiday spending this year could be buoyed by recent progress in curbing inflation.
Last week, federal officials reported no change in the U.S. inflation rate from September to October — the first time that's happened in over a year. Prices still rose by 3.2%, but even that amount is modest by recent standards.