![]() Experian States with the highest credit card usage growth But spending habits picked up again in the fall, rising 0.8% in October, suggesting that shoppers may still be willing to spend heading into the holiday shopping season. economy could be slowing as consumers were pulling back and rethinking their budgets amid elevated prices. In July, consumer spending dropped by 0.2%, signaling that the U.S. Meanwhile, spending on personal and household goods and services jumped an average of 12.7% across 50 states and Washington, D.C., in 2021-a strong consumer rebound after a drop of 1.9% in 2020. Retailers, businesses, gas stations and service providers have raised prices over the past two years, seeking to make up for shortfalls in labor, hiccups in their supply chains, and increases in fuel prices as well as to grow their profit margins. In the third quarter, that rate has continued to tick upward, reaching 18.43% in August, according to the Federal Reserve.Ĭonsumers have also seen their purchasing power decrease. By the second quarter (Q2) of 2022, the average interest rate for a credit card issued by a commercial bank was 16.65%-a near return to pre-pandemic levels after dipping slightly at the end of 2021. With interest rates on the rise, consumers could feel a heavier burden if they don’t pay their full credit card balance each month. In fact, all 50 states and Washington, D.C., saw an increase in credit card spending compared with the prior year. Regions that saw slower growth in consumer prices saw more growth in credit card usage, according to Experian and the U.S. Regional credit card usage was calculated by summing population-weighted state averages. Instead of apologising for her Islamophobic comments and fabricated lies, Rep.Americans are increasingly borrowing money to cover their expenses as inflation continues to hit household budgets nationwide.Įxperian analyzed how credit card usage has changed in every state and compared it to regional inflation using data from the Bureau of Labor Statistics. Lauren Boebert in the hope of receiving a direct apology for falsely claiming she met me in an elevator, suggesting I was a terrorist, and for a history of anti-Muslim hate. ![]() Omar said: “Today, I graciously accepted a call from Rep. There are plenty of policy differences to focus on without this unnecessary distraction.” ![]() ![]() I have reached out to her office to speak with her directly. The comments drew criticism and Boebret tweeted: “I apologize to anyone in the Muslim community I offended with my comment about Rep. While accepting the honour, she said that it had been a “very tough week.” On November 25th a video of a far-right lawmaker, Representative Lauren Boebert went viral on social media in which she made Islamophobic comments about Omar, drawing laughter from a crowd. Omar was given the award at a gala event on Saturday. ![]() “While some congressional leaders have failed to come to her defence against these disgusting attacks, the American Muslim community and all Americans of conscience stand in solidarity with her.” “Representative Omar has shown tremendous courage in the face of constant attacks from anti-Muslim bigots both inside and outside of Congress, but she has not let the hatred of bigots stop her from serving the American people. Her work representing the interests not only of her constituents but of the American people as a whole serves as an example to our community and to the nation. representative Ilhan Omar as the “American Muslim Public Servant of 2021” for her “commitment to the public and courage in the face of anti-Muslim bigotry.”ĬAIR Executive Director Nihad Awad said: “Representative Omar has time and again proven her deep dedication to public service. The Council on American Islamic Relations (CAIR) has named U.S. ![]()
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