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How Trump's Tariffs Are CAUSING DOOM SPENDING !
1 in 5 Americans Are Doom Spending
This February 2025 report by CreditCards.com examines consumer spending habits since President Donald Trump took office, focusing on the role economic factors and uncertainty play. Key findings: 1 in 5 Americans are buying more than usual, most driven by Trump’s tariffs 3 in 10 Americans are purchasing items in preparation…
1 in 5 Americans are buying more than usual, most driven by Trump’s tariffs
3 in 10 Americans are purchasing items in preparation for another pandemic
42% of Americans are or will start stockpiling items, mainly food and toilet paper
1 in 4 Americans have made large purchases since November in fear of Trump’s tariffs
1 in 5 Americans say they are “doom spending” — purchasing items excessively or impulsively in response to fears or anxiety about future events
23% of Americans expect to worsen or go into credit card debt this year
Fear of Trump’s Tariffs Is Fueling More Purchases Than Usual
3 in 10 Americans have made large purchases since Trump was elected
4 in 10 Americans Are Stockpiling Items
3 in 10 Americans are preparing for a pandemic
1 in 4 Plan To Go Into or Worsen Debt To Secure Purchases Now #genz #millennials #boomers #economy #inflation #costofliving #hyperinflation #genx #jobs #jobmarket #layoffs #college #genz #studentloans #debt #comdey #cars #carpayments #housingmarket #rent #burnout #recession #finance #moderndating #ebay #independent Hyperinflation #middleclass #middleclassfamily #millennials #boomers #9to5 #vanlife #america #passport
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