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Consumers Pull Back on Food, Beverage Spending to Save For Summer Plans
Posted
April 29, 2026
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April 29, 2026
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5:31Now PlayingThe US economy is poised to become more reliant on spending by the government and businesses for growth in 2026 as inflation driven by the Iran war hits consumers.
Julia Wilson, Principal, Consumer & Retail Strategy at KPMG, breaks down consumer spending projections going into the summer, and where people are making cuts.
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