
Inflation jitters have dominated the headlines over the past couple of years, yet consumers have kept spending. Economists are eager to learn if that changes as the current holiday shopping season shifts into high gear.The trends so far seem at least somewhat encouraging. Inflation was running a lot higher this time last year, but that didn’t temper the 2022 holiday mood much, with retail sales rising 5.4%. Inflation has cooled off considerably since then, even around metro Phoenix, which had been the national hot spot.Protect your assets: Best high-yield savings accounts of 2023
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