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Americans Have Money to Spend. Where Will They Spend It?

April 18, 2023

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It could be that American consumers are not into retailers that much right now. It’s not that they are ready to ghost merchants, but they don’t feel the need to respond to every text or email offering deals on a wide range of merchandise.

Retail sales in March were one percent lower than in February but still 2.9 percent higher than at the same time in 2022, according to U.S. Census Bureau statistics. February’s sales were down 0.2 percent compared to January, but were up 5.9 percent from last year.

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