Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Consumers Ran Out of Stuff to Buy, So Now They're Paying for Services


For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

Exercise bike, check. Netflix subscription, check. New laptop, check. Air fryer, check. Playstation 5, if you were lucky.

Stuck at home way more than usual for the better part of two years, Americans bought a lot of stuff. Furniture, electronics, even clothes to wear nowhere. New data shows the trend is finally reversing, and more than things are finally ready to buy services again.

Continue reading


Source Fool.com


Comments