Product purchases consumers could easily cut out during a recession in the U.S. 2023

Published by
Kasia Davies,
Jan 14, 2025
In spring 2023, roughly half of consumers in the United States said they could easily stop buying fine jewelry and/or watches if they entered a recession in the next six months. Ranking second and third, many also said they could easily cut out outdoor gear and fitness equipment purchases.

Product purchases consumers could easily cut out during a recession in the United States in 2023, by product category

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Release date

June 2023

Region

United States

Survey time period

Spring 2023

Number of respondents

1,500 respondents

Age group

21-64 years

Method of interview

Questionnaire

Supplementary notes

This question was phrased by the source as follows: "If the U.S. enters a recession in the next 6 months, how would you categorize the following products?"

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