Is the Consumer Is Cracking?

Cash-strapped Americans are resorting to searching for “pawn shop near me” as a desperate measure to raise quick money amidst the current inflation crisis. The search trend has reached record highs, indicating that consumers may be selling off items purchased during the Covid boom. The nationwide interest in this trend is reflected in related searches for pawn shop services. The situation raises concerns about the effectiveness of current economic policies, as consumers face negative wage growth, depleted savings, and high levels of credit card debt. Companies and analysts have noted signs of a weakening consumer, further fueling worries about the state of the economy.