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Domestic economic survey

US Holiday Shoppers Face Inflation

Analysis based on 8 articles · First reported Dec 12, 2025 · Last updated Dec 12, 2025

Sentiment
-60
Attention
4
Articles
8
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The survey indicates a negative consumer sentiment in the United States due to persistent inflation and high prices, leading to reduced non-essential spending and increased use of savings. This could negatively impact retail sales and consumer-facing industries, while Donald Trump's tariffs continue to contribute to inflationary pressures.

Retail Consumer Staples Utilities

A new AP-NORC poll reveals that American shoppers are facing a challenging holiday season due to persistent inflation and high prices for groceries, electricity, and holiday gifts. A majority of United States adults perceive the economy as 'poor' under President Donald Trump, a sentiment similar to that during Joe Biden's presidency in 2022. Many Americans are dipping into savings, seeking bargains, and delaying major purchases. Donald Trump's tariffs are cited as contributing to inflationary pressures, despite his claims of 'no' inflation and a booming economy. Individuals like Sergio Ruiz are resorting to 'buy now, pay later' programs, while Andrew Russell has altered his shopping habits due to tariffs. Millicent Simpson, a recipient of government assistance, blames Donald Trump for increased economic pressures. Few expect significant economic improvement in the United States in the coming year, with inflation still above the United States — Federal Reserve's target.

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The poll findings are compared to Joe Biden's presidency in 2022, when inflation was also a significant concern, indicating a recurring economic challenge.
Importance 30.0 Sentiment -30.0
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Sergio Ruiz, a real estate business owner, is using 'buy now, pay later' programs due to high prices and desires lower interest rates to boost his business.
Importance 10.0 Sentiment 0.0
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Andrew Russell, an adjunct professor, has changed his shopping habits due to Donald Trump's tariffs, buying gifts locally and in person, and expresses worry about a potential artificial intelligence bubble.
Importance 10.0 Sentiment 0.0
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Millicent Simpson, a recipient of United States — Medicaid and United States — Supplemental Nutrition Assistance Program, expects the United States economy to worsen and blames Donald Trump for increased economic pressures.
Importance 10.0 Sentiment -20.0
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Millicent Simpson relies on United States — Medicaid for health care, and expresses concern about Donald Trump 'messing with the government assistance'.
Importance 5.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
Joe Biden president United States Joe Biden serves as the President of the United States, acting as its head of state, head of government, and commander-i
Joe Biden predecessor Donald Trump Joe Biden is the outgoing predecessor and chief political rival of Donald Trump. During the transition period, Biden has
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