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The Griswold Economy: Even Excess Has a Budget This Year

Original: The Griswold Economy: Why Even Excess Has a Budget This Year

Commentators are describing a 'Griswold Economy' this holiday season, arguing that even Americans' taste for holiday excess is being constrained by tight household budgets. The framing suggests families are still spending on celebrations and gifts, but with stricter limits than in previous years. The piece reflects broader discussion of stretched consumers heading into the holidays, with discretionary spending pulled back despite the pull of tradition.

Why now: Holiday-season spending is under scrutiny as consumers signal budget caution even on indulgences.

American consumersholiday retail

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