Source: Axios
Gallup's data show a widening gap between official economic metrics and actual consumer experience. When purchasing power feels worse even as unemployment stays low, consumers trade down, defer big purchases, and scrutinize subscription costs. Retailers and DTC brands are forced to compete harder on value rather than lifestyle positioning. Dollar stores, private label adoption, and quiet luxury are rising simultaneously—not everyone is equally squeezed, but the majority's anxiety is shaping market behavior.