Inflation and recession fears are squeezing some industries more than others
Written by Black Hot Fire Network on June 19, 2022
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow.
Jim Watson | AFP | Getty Images
People still appear willing to shell out to travel, go to the movies and have a drink or two, even as surging prices and fears of a recession have them pulling back in other areas.
How people spend their money is shifting as the economy slows and inflation pushes prices higher everywhere including gas stations, grocery stores . . .