Looking at most news outlets these days, it appears that the economy is in bad shape. According to CNN, despite the fact that unemployment rates are low and inflation is slowing down, “Americans are hurting from years of rising prices.”
This has consequently led to people taking on more side hustles to make ends meet. Additionally, they’ve also had to cut back on spending on “extras and entertainment.” In the midst of such reports, it would be fair to think that most people would pull back on spending for Christmas.