Drugmakers are launching new medicines at record-high prices this year, a Reuters analysis has found, highlighting their pricing power even as Congress moves to cut the $500 billion-plus annual bill for prescription drugs in the United States. At the same time, some pharmaceutical manufacturers are disclosing less information about the pricing of those treatments, which…
Americans Plan to Spend More This Year’s Holiday Season Despite Rising Prices and Product Shortages: Survey
December 9, 2021
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Business & Economyconsumer confidenceeconomyhigh pricesHoliday ShoppinginflationSocial IssuesUSUS News
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Americans plan on spending more this holiday season despite lingering concerns about inflation, shortages and high prices, with many fearing the economy will fare worse next year, according to a recent CNBC survey. Based on data from the quarterly CNBC All-America Economic Survey, people are willing to spend $1,004 on average for buying gifts, an…
Consumers Brace for Even More Inflation This Christmas Shopping Season
Consumers are likely to feel inflation bite when they go Christmas shopping this year, with a new forecast from Salesforce estimating retail prices will rise by as much as 20 percent this holiday season compared to last year. Salesforce expects a strong Christmas shopping season this year, estimating sales will top $1 trillion globally, the…
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