Consumers should start holiday shopping early amid supply chain crunch: National Retail Federation CEO
National Retail Federation CEO Matt Shay provides insight into the supply chain crisis and labor shortage.
U.S. consumer sentiment has hit a low for the decade fueled by concerns over rising inflation, according to the latest numbers.
The University of Michigan released its November consumer survey data on Wednesday, indicating that one in four respondents "cited inflationary erosions of their living standards" this month. The index is currently at 67.4%, down from 71.7% in October.