In a 2022 survey, U.S. consumers cut spending in many categories. It was the most common for consumers to reduce spending for food and groceries. Only about 12 percent of consumers reported cutting back their spending for eating out and entertainment purposes.
Cut backs in consumer spending in the United States in 2022, by leading category
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University of Michigan. (November 18, 2022). Cut backs in consumer spending in the United States in 2022, by leading category [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1440213/consumer-spending-cut-backs-in-the-us-by-category/
University of Michigan. "Cut backs in consumer spending in the United States in 2022, by leading category." Chart. November 18, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1440213/consumer-spending-cut-backs-in-the-us-by-category/
University of Michigan. (2022). Cut backs in consumer spending in the United States in 2022, by leading category. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1440213/consumer-spending-cut-backs-in-the-us-by-category/
University of Michigan. "Cut Backs in Consumer Spending in The United States in 2022, by Leading Category." Statista, Statista Inc., 18 Nov 2022, https://www.statista.com/statistics/1440213/consumer-spending-cut-backs-in-the-us-by-category/
University of Michigan, Cut backs in consumer spending in the United States in 2022, by leading category Statista, https://www.statista.com/statistics/1440213/consumer-spending-cut-backs-in-the-us-by-category/ (last visited November 22, 2024)
Cut backs in consumer spending in the United States in 2022, by leading category [Graph], University of Michigan, November 18, 2022. [Online]. Available: https://www.statista.com/statistics/1440213/consumer-spending-cut-backs-in-the-us-by-category/
