On “KXEL Live & Local” Thursday, you heard results from the Iowa Association of Business & Industry’s Q2 survey. Sixty percent of Iowa businesses say sales will expand.
40.0%– My total spending will stay the same…but it means I’ll actually be buying fewer things due to inflation.
30.0%– My spending will increase, because I’m still buying what I used to, it just costs more now.
20.0%– I’m putting off large spending on projects (like home improvement, furniture) because of inflation and related factors.
10.0%– The world is too uncertain, so I’m cutting back on basic purchases wherever I can.
