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Americans Have $1.7 Trillion to Burn in Revenge-Spending Binge
After a year of pandemic restrictions, a wave of consumer demand is coming for everything from apparel to eating out.
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Shoppers are out for vengeance.
A year into a pandemic that’s devastated lives, jobs and the economy, those who are lucky enough to have disposable income are ready to go out and splurge — even if they still have nowhere to go in that stunning dress or those brand new sneakers. Some are calling this “revenge spending.”