Why Prices Might Never Go Back Down

From the creator

Historical data suggests the key factor in bringing down prices is a slowdown in consumer spending. Despite nearly half of Americans reporting feeling in a worse financial situation than five years ago, they’re still spending. Retail sales were up 2.1% year over year in the first quarter of this year and consumer spending jumped in February and March. Watch the video above to learn more about why prices will likely remain high. Chapters: 0:00 Introduction 1:04 Why everything is more expensive 3:57 Statistics vs. experience 9:21 Why prices likely won't go down Produced by: Charlotte Morabito Edited by: Carlos Waters Animation: Jason Reginato Additional Camera: Zac Staffiere Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images Additional Sources: Bankrate, Bureau of Labor Statistics, Federal Reserve Bank of St. Louis, U.S. Census Bureau, Groundwork Collaborative » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40

Published 2024-05-11 · Watch on YouTube ↗
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