Buy your luxury items now, according to Adobe price index
Hey big spender.
Now is a good time to buy products that aren’t necessities, according to new data from Adobe that measures the digital US economy.
Prices are down for discretionary spending, which includes non-essential products like electronics, toys and sporting goods. At the same time, prices for necessities are following regular inflation patterns.
“Consumers think prices are always going up, but the reality is for discretionary, spending prices are actually down,” said Luiz Maykot, a data science analyst at Adobe Digital Insights. “That’s good for consumers, but not for the feds.” Read more…
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