Even a modest 2% reduction in spending across this group would remove nearly $100 billion from the economy, inviting, as Webster put it, “a self-inflicted recession” driven not by market collapse but by collective caution that is tied to the uncertainty caused by the trade war the Trump administration has waged on the world. In a world where the prospect of increasing prices will hit everything from autos to snack foods, the justification for finding a spot in the pantry for some of the most coveted premium products is waning. In a world where the prospect that everything will cost more for everyone, the justification for finding a spot in the pantry for some of the most coveted premium products is waning.
Author: PYMNTS
Published at: 2025-04-27 22:39:53
Still want to read the full version? Full article
