What are the current trends in consumer spending?
An example of an AI chatbot conversation about trends in consumer spending.
What are the current trends in consumer spending?
Currently, consumer spending is shifting towards online shopping, sustainable products, and experiences over goods.
Can you elaborate on the shift towards online shopping?
Sure! The pandemic accelerated online shopping, with more consumers preferring the convenience of e-commerce.
What types of products are people spending more on?
People are increasingly spending on home improvement, health and wellness products, and technology gadgets.
Are there any demographic differences in spending trends?
Yes, younger consumers tend to prioritize experiences and sustainability, while older generations focus on essentials.
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