Holiday Spending: Small Businesses Feel Economic Pinch

Ah Louis Store in San Luis Obispo faces holiday challenges due to late shipments and increased taxes on imported goods. Co-owner Emily Butler shares the struggle to maintain profitability, focusing on more lucrative items and observing a shift in consumer behavior towards more cautious spending. The broader economic pressures are reflected in a Gallup index showing a seventeen-month low in Americans economic assessments and a significant drop in estimated gift budgets. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.