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news • 2 months ago

Consumers Shift Spending to Pay for Basic Staples, Citi CFO Says

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Consumers Shift Spending to Pay for Basic Staples, Citi CFO Says

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news • 2 months ago

Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according to Citigroup Inc. Chief Financial Officer Mark Mason.

https://archive.is/UKTW6

Chat

vovchik_ilich [he/him]
·
2 months ago

Consumers shift

Funny how they give action to consumers for this. "Consumers shift", not "the market forces consumers to only acquire staples"

link
- Isopod_Activities [any, any]
  ·
  2 months ago
  hot new trend among gen z and millenials: requiring food and shelter
  
  link
  - PeeOnYou [he/him]@lemmygrad.ml
    ·
    2 months ago
    millennials are killing small business!
    
    link
    fedilink

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