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Consumer Spending Shifts: What Small Businesses Need to Know as Customers Prioritize Essentials Over Extras

Person holding a grocery bundle of celery and toilet paper, symbolizing consumer spending shifts toward essentials.

by Jackie Navarrete TL;DR Consumers are rethinking how they spend their money, cutting back on extras like dining out, shopping, and entertainment while putting more of their budget toward essentials such as groceries, housing, and gas. For small businesses, this shift means adapting quickly: reframing products and services as must-haves, emphasizing long-term value over low … Read more

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