{"id":130649,"date":"2025-05-25T12:40:13","date_gmt":"2025-05-25T12:40:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/130649\/"},"modified":"2025-05-25T12:40:13","modified_gmt":"2025-05-25T12:40:13","slug":"5-ways-recession-fears-have-impacted-americas-spending-habits","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/130649\/","title":{"rendered":"5 Ways Recession Fears Have Impacted America\u2019s Spending Habits"},"content":{"rendered":"\n<p class=\"yf-1090901\">Fears of a <a href=\"https:\/\/www.gobankingrates.com\/money\/economy\/what-happens-in-a-recession\/?hyperlink_type=manual&amp;utm_term=incontent_link_1&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=1&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:looming recession;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">looming recession<\/a> have cast a shadow on the U.S. economy for much of 2025, largely due to President Donald Trump\u2019s wide-reaching tariff plans. Those worries eased somewhat following a recent trade deal between the U.S. and China that brought hopes an all-out <a href=\"https:\/\/www.gobankingrates.com\/money\/economy\/billionaire-ceo-said-trumps-trade-war-is-hurting-america-is-he-right\/?hyperlink_type=manual&amp;utm_term=incontent_link_2&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=2&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:trade war;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">trade war<\/a> can be avoided.<\/p>\n<p class=\"yf-1090901\"><strong>Be Aware: <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/car\/affordable-alternatives-to-popular-suvs-not-worth-cost\/?hyperlink_type=manual&amp;utm_term=related_link_1&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=3&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:6 Popular SUVs That Aren&#039;t Worth the Cost -- and 6 Affordable Alternatives;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">6 Popular SUVs That Aren&#8217;t Worth the Cost &#8212; and 6 Affordable Alternatives<\/a><\/strong><\/p>\n<p>   Advertisement: High Yield Savings Offers   <\/p>\n<p>Powered by Money.com &#8211; Yahoo may earn commission from the links above. <\/p>\n<p class=\"yf-1090901\"><strong>Find Out: <a href=\"https:\/\/www.gobankingrates.com\/money\/making-money\/living-wage-family-of-four-needs-all-50-states\/?hyperlink_type=manual&amp;utm_term=related_link_2&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=4&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:The Living Wage a Family of Four Needs in All 50 States;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">The Living Wage a Family of Four Needs in All 50 States<\/a><\/strong><\/p>\n<p class=\"yf-1090901\">However, many financial and economic experts continue to issue warnings of a possible economic slowdown \u2014 including J.P. Morgan. A month ago, the investment banking firm put the probability of a recession at 60%. It has since lowered that probability to a \u201ctoss up,\u201d Fortune reported. Even so, J.P. Morgan Chief U.S. Economist Michael Feroli warned in a note that \u201crecession risks are still elevated.\u201d<\/p>\n<p class=\"yf-1090901\">The prospect of a coming recession has already changed some of the country\u2019s spending habits, according to a new report from CouponFollow, which helps shoppers save money by offering verified coupon codes and deals from thousands of online retailers.<\/p>\n<p class=\"yf-1090901\">CouponFollow surveyed more than 1,000 U.S. adults to gauge how they\u2019re responding to economic uncertainty in 2025. One thing it found is that more than half (56%) of Americans have already started cutting back on spending due to recession concerns.<\/p>\n<p class=\"yf-1090901\">Here are five ways <a href=\"https:\/\/www.gobankingrates.com\/money\/financial-planning\/alarming-signs-youre-not-ready-for-recession\/?hyperlink_type=manual&amp;utm_term=incontent_link_3&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=5&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:recession fears;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">recession fears<\/a> have impacted American\u2019s spending habits, according to the survey.<\/p>\n<p class=\"yf-1090901\">While 56% of respondents said they have already cut back on spending to prepare for a recession, another 21% said they plan to cut back and 9% said they might. Items they have cut back on include clothes, travel, transportation, medical\/dental care, streaming services and <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/savings-advice\/money-habits-masquerade-as-self-care-but-leave-you-feeling-like-crap\/?hyperlink_type=manual&amp;utm_term=incontent_link_4&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=6&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:fitness memberships;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">fitness memberships<\/a>.<\/p>\n<p class=\"yf-1090901\"><strong>Read More: <a href=\"https:\/\/www.gobankingrates.com\/money\/economy\/surprising-things-that-could-impact-your-wallet-if-a-recession-hits\/?hyperlink_type=manual&amp;utm_term=related_link_3&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=7&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:4 Surprising Things That Could Impact Your Wallet If a Recession Hits;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">4 Surprising Things That Could Impact Your Wallet If a Recession Hits<\/a><\/strong><\/p>\n<p class=\"yf-1090901\">More than four in ten Americans (43%) have either <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/budgeting\/tariffs-2025-ways-cut-back-on-necessities-rising-prices\/?hyperlink_type=manual&amp;utm_term=incontent_link_5&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=8&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:bought fewer\u00a0groceries;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">bought fewer\u00a0groceries<\/a>\u00a0or limited quantities of the groceries they normally buy. Forty percent have switched to store-brand products, while 38% are using coupons or discount codes more often.<\/p>\n<p class=\"yf-1090901\">Nearly two-thirds (62%) of Americans have <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/food\/money-saving-food-habits-to-pick-up-during-a-recession\/?hyperlink_type=manual&amp;utm_term=incontent_link_6&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=9&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:dined out less often or ordered less takeout;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">dined out less often or ordered less takeout<\/a> due to recession fears. More than half (54%) are cooking at home more often.<\/p>\n<p class=\"yf-1090901\">More than one-quarter (26%) of those surveyed have been \u201cpretending\u201d to spend normally, even though they\u2019re cutting back. Gen Z consumers are the most likely to do this, at 40%.<\/p>\n<p class=\"yf-1090901\">In order to cover everyday expenses, 29% of Americans have <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/bad-money-move-everyone-is-making-right-now-how-to-stop-doing-it\/?hyperlink_type=manual&amp;utm_term=incontent_link_7&amp;utm_campaign=1306370&amp;utm_source=yahoo.com&amp;utm_content=10&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:withdrawn money from their savings;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">withdrawn money from their savings<\/a> over the past six months. Here\u2019s how it breaks down by generation:<\/p>\n","protected":false},"excerpt":{"rendered":"Fears of a looming recession have cast a shadow on the U.S. economy for much of 2025, largely&hellip;\n","protected":false},"author":2,"featured_media":130650,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[57659,57661,6202,2794,3056,57660,49,978,659],"class_list":{"0":"post-130649","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-couponfollow","9":"tag-j-p-morgan","10":"tag-president-donald-trump","11":"tag-recession","12":"tag-recession-fears","13":"tag-spending-habits","14":"tag-united-states","15":"tag-us","16":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114568522891980264","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/130649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=130649"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/130649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/130650"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=130649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=130649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=130649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}