With most imported holiday season merchandise already here, inbound cargo volume at the nation’s major container ports is expected to slow during the remainder of 2023.
A large majority of Americans are buying fewer products overall, and a sizeable number of consumers have switched to private label brands to save money.
In an effort to save on gifts ahead of the holidays, the average spend on Black Friday is expected to increase between 3-22% compared to 2022, according to a new survey.