_target-issues-warning-on-near-term-growth-amid-rising-inflation-and-maxed-out-credit-cards.jpg "Target Issues Warning on Near-Term Growth Amid Rising Inflation and Maxed Out Credit Cards from moner issue Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:37
👁 View: 2.7M times
✓ Published: 24-May-2024
👁 View: 2.7M times
✓ Published: 24-May-2024
Description:
Target warned of a weak near-term growth outlook as more Americans max out credit cards due to high inflation impacting household budgets. Target projected second-quarter sales to be flat to up 2% year-over-year, below analysts' estimates. One in three Americans has maxed out or is nearing the credit limit on at least one credit card. Discretionary spending will remain pressured in the short term as consumers spend cautiously, especially on non-essential items. Walmart also signaled consumers are spending more on essentials and stretching their budgets as inflation persists.
Target warned of a weak near-term growth outlook as more Americans max out credit cards due to high inflation impacting household budgets. Target projected second-quarter sales to be flat to up 2% year-over-year, below analysts' estimates. One in three Americans has maxed out or is nearing the credit limit on at least one credit card. Discretionary spending will remain pressured in the short term as consumers spend cautiously, especially on non-essential items. Walmart also signaled consumers are spending more on essentials and stretching their budgets as inflation persists.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_abraham-hicks2024-let39s-finally-solve-that-money-issue-foreverthe-law-of-attraction.webp "Your co-creator")
⏲ 6 minutes 9 seconds 👁 745
_heatwave-alert-in-india-imd-states-red-alert-50.webp "The India Meteorological Department (IMD) issued a warning on severe heatwave across several states in North India, including Rajasthan, Punjab, Haryana, Delhi, and Uttar Pradesh. The warning comes after maximum temperatures soared beyond 45 degrees Celsius in these regions.Watch video to know more <br/> <br/> <br/>#heatwave2024 #imdalert #summer2024 <br/>~PR.126~ED.140~")
⏲ 3:2 👁 2.7M
_mommy-issues-124-mrunal-shankar-124-mtv-hustle-03-represent.webp "KaanPhod Music")
_7-simple-steps-to-become-debt-free-124-money-series-124-venu-kalyan-business-amp-life-coach.webp "Venu Kalyan Daily Motivation")
⏲ 24 minutes 33 seconds 👁 478.2K
_1-most-controversial-money-issue-for-couples.webp "The Ramsey Show Highlights")
_remedies-for-money-problems-124-124.webp "Happy Life Astro")
⏲ 13 minutes 👁 199.7K
_reporter39s-guarantee-124-channi-on-punjab-farmers-lok-sabha-elections-a-shift-in-politics.webp "Outlook’s Ashwani Sharma in dialogue with Charanjit Singh Channi: A candid discussion on the shifting political landscape in Punjab, the plight of farmers, and the public’s call for change.<br/><br/>Videographer: Tribhuvan Tiwari<br/><br/>Follow us:<br/>Website: https://www.outlookindia.com/<br/>Facebook: https://www.facebook.com/Outlookindia<br/>Instagram: https://www.instagram.com/outlookindia/<br/>X: https://twitter.com/Outlookindia<br/>Whatsapp: https://whatsapp.com/channel/0029VaNrF3v0AgWLA6OnJH0R<br/>Youtube: https://www.youtube.com/@OutlookMagazine<br/>Dailymotion: https://www.dailymotion.com/outlookindia<br/><br/>#Punjab #LokSabhaElections2024 #Congress #CharanjitSinghChanni")
⏲ 1:55 👁 4.4M
_what39s-your-major-money-issue-124-is-your-income-too-low-or-spending-too-much.webp "TheMediocre Money Mom")
⏲ 7 minutes 53 seconds 👁 117
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_abraham-hicks2024-let39s-finally-solve-that-money-issue-foreverthe-law-of-attraction.jpg)
_heatwave-alert-in-india-imd-states-red-alert-50.jpg)
_mommy-issues-124-mrunal-shankar-124-mtv-hustle-03-represent.jpg)
_7-simple-steps-to-become-debt-free-124-money-series-124-venu-kalyan-business-amp-life-coach.jpg)
_1-most-controversial-money-issue-for-couples.jpg)
_remedies-for-money-problems-124-124.jpg)
_reporter39s-guarantee-124-channi-on-punjab-farmers-lok-sabha-elections-a-shift-in-politics.jpg)
_what39s-your-major-money-issue-124-is-your-income-too-low-or-spending-too-much.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}