Inflation Fears, Food & Gas Price Concerns

“We are headed into holiday shopping, so what is top of mind for consumers? People are talking about macroeconomic pressures like inflation. Gas and food prices are still one of the top concerns. Social media mentions are also up year-over year for depleting savings accounts, deal discovery, maxing out credit cards, and frugality. There is also a surge in electric vehicle prices. Deal hunting is a lot more significant as of late,” says LikeFolio’s Megan Brantley. Kevin Hincks and Joe Mazzola weigh in on interest rates and their impact on vehicles.