Another round of stimulus checks could boost holiday spending. When the first set of stimulus checks came out, young consumers spent them mostly on necessities like rent, food, and bills. But with talk about another potential round of funds coming soon, there’s a chance young they could be spent differently during the upcoming season. Now, with talk about another potential round of funds coming soon, a Deloitte study reports an “effective federal pandemic relief bill” would boost consumer confidence heading into the holidays. YPulse’s research has found that emotions around this holiday will be high, and young consumers might need the help to buy the things they want. (PYMNTS)
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