{"id":163963,"date":"2025-12-02T10:56:16","date_gmt":"2025-12-02T10:56:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/163963\/"},"modified":"2025-12-02T10:56:16","modified_gmt":"2025-12-02T10:56:16","slug":"youre-paying-more-for-less-this-shopping-season-now-theres-proof","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/163963\/","title":{"rendered":"You\u2019re paying more for less this shopping season. Now there\u2019s proof"},"content":{"rendered":"<p>      New York<br \/>\n        \u00a0\u2014\u00a0<\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminciz7w004u28qf59nld2rq@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Black Friday once again proved that Americans are willing to shop when they spot bargains.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg00033b6nl8xg4xxv@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Mastercard reported a steady 4.1% <a href=\"https:\/\/www.cnn.com\/2025\/11\/29\/business\/black-friday-us-econony-spending\" rel=\"nofollow noopener\" target=\"_blank\">increase in US retail sales on Black Friday<\/a> and Adobe Analytics said online shopping surged by 9.1%. Salesforce expects Cyber Monday sales to also climb by 4%.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg00043b6n7fzhpe45@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            All of that is a pretty solid showing, given the <a href=\"https:\/\/www.cnn.com\/2025\/11\/20\/politics\/inflation-polls-trump\" rel=\"nofollow noopener\" target=\"_blank\">gloom and doom<\/a>  in economic polls, <a href=\"https:\/\/www.cnn.com\/business\/live-news\/us-inflation-retail-sales-economy?post-id=cmiephbs800003b6oigkt7xq3\" rel=\"nofollow noopener\" target=\"_blank\">crumbling consumer confidence<\/a> and mounting frustrations over the cost of living.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg00053b6ncerhwpy3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            However, beneath the surface of those strong headline numbers lies a disturbing trend: Americans are spending more but getting less.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg00063b6n6z6vl8z1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Although overall US online shopping increased 3% on Black Friday, it was driven by a 7% jump in the average selling price, according to Salesforce.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg00073b6n1p9gh3vq@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Order volume, which measures how much was bought in a certain time frame, also declined 1% versus Black Friday 2024, Salesforce said.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmineaig900043b6ny10vusz1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            And shopping carts were smaller on Black Friday, as units per transaction dropped by 2%.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg00093b6n814zbjo4@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cConsumers are paying more per item than last year, but it\u2019s not stopping them from coming out and spending,\u201d Caila Schwartz, director of consumer insights at Salesforce, told CNN in a phone interview.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmincj1w400003b6ni3qixn1m@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Overall, prices during Cyber Week have risen 7% on average, according to Salesforce, higher than the 5% jump last year.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000a3b6noi2ebft4@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salesforce blamed the price hikes at least in part on historic tariff hikes.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000b3b6nwdrn5kkj@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The Trump administration has spiked tariffs on US imports to the highest level since 1935, according to <a href=\"https:\/\/budgetlab.yale.edu\/research\/state-us-tariffs-november-17-2025\" target=\"_blank\" rel=\"nofollow noopener\">The Budget Lab at Yale.<\/a>\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000c3b6n7jlusm1z@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            While it\u2019s difficult to definitively attribute how much of the price hikes are linked to tariffs, some of the categories experiencing the biggest price increases are exposed to tariffs.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000e3b6nq91bvxip@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            For instance, online average selling prices on home goods (furniture, appliances, dining, art &amp; decor) spiked 24% on Black Friday, according to Salesforce.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000f3b6nehy8glqz@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            President Donald Trump <a href=\"https:\/\/www.cnn.com\/2025\/10\/14\/business\/jobs-furniture-prices-north-carolina-trump\" rel=\"nofollow noopener\" target=\"_blank\">slapped tariffs<\/a> on some types of furniture in October, as well as on countries where America imports furniture from, such as Vietnam, Indonesia and India.\n    <\/p>\n<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/gettyimages-2245598427.jpg\" alt=\"This photo taken on November 4, 2025, shows an employee working inside a furniture factory in Ho Chi Minh City, Vietnam.\" class=\"image_large__dam-img image_large__dam-img--loading\" onload=\"this.classList.remove('image_large__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1333\" width=\"2000\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000g3b6n5eo726d2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salesforce said online prices also jumped by 6% on clothes and 7% on electronics \u2014 two categories of products that America heavily imports.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000h3b6ngkgg09o9@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Trump warned earlier this year that tariffs could mean Americans get less stuff.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000i3b6nz96hy64l@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cAll I\u2019m saying is that a young lady, a 10-year-old girl, 9-year-old girl, 15-year-old girl, doesn\u2019t need 37 dolls,\u201d <a href=\"https:\/\/www.cnn.com\/2025\/05\/08\/business\/trump-two-dolls-tariffs-manly-nightcap\" rel=\"nofollow noopener\" target=\"_blank\">Trump said in May<\/a>.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000j3b6nx0qsa2df@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salesforce didn\u2019t break down how much prices went up or down for toys, the majority of which the US imports from China.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000k3b6nncl4bzts@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Another factor that could be driving up prices: Consumers are leaning into higher-priced categories such as luxury and home goods, according to Schwartz.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000n3b6n6hvbfsy2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Of course, the Black Friday sales results don\u2019t reveal a key piece of information: who is doing all that shopping.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000o3b6n1h21wlzx@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The rise of a K-shaped economy has meant that while many higher-income consumers are shopping aggressively, some less affluent Americans are cutting back as they grapple with the high cost of living and <a href=\"https:\/\/www.cnn.com\/2025\/11\/20\/economy\/us-jobs-report-september-final\" rel=\"nofollow noopener\" target=\"_blank\">rising unemployment.<\/a>\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000p3b6n5ef7x4fp@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Before the holiday shopping season got underway, lower-income Americans signaled plans they would do some significant belt-tightening.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000q3b6n0apf3hkx@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            According to <a href=\"https:\/\/news.gallup.com\/poll\/697061\/holiday-shoppers-plan-spend-briskly.aspx\" target=\"_blank\" rel=\"nofollow noopener\">Gallup<\/a>, Americans in households earning less than $50,000 planned to spend $651 on holiday gifts, down from $776 last year.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000r3b6n5hp0lrz2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Even middle-income Americans planned to cut back spending to $847, down from $902 last year. By contrast, high-income consumers planned to ramp up holiday spending to $1,479, up modestly from $1,403 last year.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000t3b6n7zb4mt48@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salesforce found evidence that consumers continue to be very price sensitive, prompting stores to discount more heavily over the weekend.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000u3b6nmdeqzzxd@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cConsumers did pull back at first, but as discounting increased, demand started to kick back in over the weekend,\u201d said Schwartz.\n    <\/p>\n<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/gettyimages-2248802952.jpg\" alt=\"Workers at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, US, on Monday, Dec. 1, 2025. US consumers are heading into the official start of the holiday shopping season with a host of economic concerns, including a cooling job market, stagnant wages, persistent inflation and the looming fallout from tariffs.\" class=\"image_large__dam-img image_large__dam-img--loading\" onload=\"this.classList.remove('image_large__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1334\" width=\"2000\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000v3b6ntzhi5n5h@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Lured by those deeper discounts, US order volume turned positive over the weekend, rising by 2% on Saturday and Sunday, according to Salesforce. Overall sales growth increased by 5%.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000w3b6nfbqf6mbk@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cConsumers waited \u2014 and they were smart to wait,\u201d Schwartz said.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000x3b6npmd6tcpc@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Looking ahead, Salesforce is projecting $13.4 billion in US online shopping sales on Monday, up 4% from last year. The deepest discounts are expected to be for home (26%), health &amp; beauty (35%) and clothes (37%).\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cminckehg000z3b6njo59iu9g@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Only time will tell whether those deals will be deep enough to lure consumers grappling with a years-long case of sticker shock.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"New York \u00a0\u2014\u00a0 Black Friday once again proved that Americans are willing to shop when they spot bargains.&hellip;\n","protected":false},"author":2,"featured_media":163964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-163963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/163963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=163963"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/163963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/163964"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=163963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=163963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=163963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}