Holiday Shopping/Charitable Giving

The big question for 2022 is how consumers will spend during the holidays in an environment where mortgage rates have more than doubled since the start of the year, inflation remains north of 8% and the Dow Jones Industrial Average Is 17% below its 52-week high. According to this week's Home Retail Monitor 45% of consumers have started their 2022 holiday shopping, but only 16% have completed more than half of their expected shopping.