U.S. holiday spending likely to see sharpest decline since pandemic

U.S. holiday spending is projected to see its sharpest decline since the pandemic, driven by cautious spending among shoppers, especially Gen Z, due to economic uncertainty, according to a PricewaterhouseCoopers survey. The survey, conducted between June and July with around 4,000 U.S. consumers, found that shoppers plan to spend an average of $1,5...