Watches, movies and burrito taxis: How Americans splurge in a vibecession
Americans are navigating a "vibecession" by indulging in small, affordable luxuries rather than large purchases due to economic anxiety and inflation. This trend is boosting sectors like movie theaters, food delivery services such as DoorDash, and collectibles like watches. Economists note this phenomenon, often called the "lipstick index," reflects consumers seeking minor comforts amidst broader economic uncertainty. AI
