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Consumers are feeling the pinch, the retail and dining industries in the USA can't hold on anymore! They are all reducing prices to promote sales.
Analysis suggests that although this year's inflation in the USA has eased somewhat, many consumers still feel immense pressure as prices of necessities such as food, insurance, and housing remain higher than before the pandemic. As a result, American consumers are starting to cut back on spending, and American retailers and restaurants that have been raising prices for years are now trying to attract customers back by offering discounts.