Here's what you need to know.
Spending across the nation has come to a grinding halt with millions of Americans losing faith in the economy. More Americans are choosing to save their money for the future rather than spending it.
With many fearing a recession in the near future, Americans are choosing to save their money rather than spend it now. Many individuals are losing faith in the economy and are using this time to save as much money as possible.
Experts suggest that individuals take this time to spend money wisely to combat a possible recession in the near future.