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People walk along 5th Avenue in Manhattan, which is one of the nation's premier shopping streets, on Feb. 15, 2023. Consumer spending was unexpectedly strong last month. That's good for the economy – but not so good for inflation prospects. Spencer Platt/Getty Images hide caption

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Spencer Platt/Getty Images

Despite high inflation, Americans are spending like crazy — and it's kind of puzzling

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New research tackles the central question about "buy now, pay later": Does it encourage people to overspend? Peter Dazeley/Getty Images hide caption

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Peter Dazeley/Getty Images

In a year marked by inflation, 'buy now, pay later' is the hottest holiday trend

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People walk by a hiring sign in a store window in New York on Nov. 17. Spencer Platt/Getty Images hide caption

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Spencer Platt/Getty Images

How understaffed are stores? Smaller retailers feel the holiday-shopping strain

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A sign promote sales at a clothing store in a Colorado mall. David Zalubowski/AP hide caption

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David Zalubowski/AP

Yes, we are shopping way more than ever

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People shop at a Macy's in New York this month. Kena Betancur/AFP/Getty Images hide caption

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Kena Betancur/AFP/Getty Images

More Retail Workers Are Quitting Than Ever, But More Stores Are Opening Than Expected

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A bartender mixes a drink inside a bar last week in San Francisco. The latest retail sales data out on Friday showed an increase in sales at restaurants and bars as more people venture out amid the continued reopening of the U.S. economy. David Paul Morris/Bloomberg via Getty Images hide caption

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David Paul Morris/Bloomberg via Getty Images

Diners eat lunch at Max's Oyster Bar in West Hartford, Conn., on March 19. Retail sales surged last month as $1,400 relief payments and easing coronavirus restrictions led shoppers to open their wallets. Jessica Hill/AP hide caption

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Jessica Hill/AP

Signs Of Economic Boom Emerge As Retail Sales Surge, Jobless Claims Hit Pandemic Low

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A shopper walks past a mostly bare shelf as people stock up on necessities at the H-E-B grocery store in Austin, Texas, on Feb. 18. A devastating winter storm that hit the middle of the country last month helped send retail sales tumbling. Joe Raedle/Getty Images hide caption

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Joe Raedle/Getty Images

People walk in front of stores in New York's Herald Square. Retail sales soared 5.3% last month compared to December as U.S. families began receiving new federal coronavirus relief checks. Angela Weiss/AFP via Getty Images hide caption

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Angela Weiss/AFP via Getty Images

Shoppers walk past a "Sale" sign outside a store at the Easton Town Center Mall in Columbus, Ohio, on Jan. 7. Luke Sharrett/Bloomberg via Getty Images hide caption

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Luke Sharrett/Bloomberg via Getty Images

Shoppers walk through Macy's in New York on Black Friday last month. Retail sales declined 1.1% in November, according to the Commerce Department. Kena Betancur/AFP via Getty Images hide caption

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Kena Betancur/AFP via Getty Images

U.S. Retail Spending Declined The Most Since Historic Plunge In April

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People walk through the newly reopened mall at Hudson Yards in New York. U.S. shoppers spent more prudently in August and retail sales grew a tepid 0.6% from July. Spencer Platt/Getty Images hide caption

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Spencer Platt/Getty Images

Social distancing instructions are posted at California's Westfield Santa Anita shopping mall on June 12, as local businesses enter Phase 3 reopening. Frederic J. Brown/AFP/Getty Images hide caption

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Frederic J. Brown/AFP/Getty Images

Retail Sales Bounce Up 17.7% After Record Drop As States Reopen

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Connie Hanzhang Jin/NPR

Pandemic Hits Spending Hard; 79% Dive In Clothing Sales Leads A Record Plunge

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People walk by a Black Friday promotional at Cookie's department store Friday in the Brooklyn borough of New York. Bebeto Matthews/AP hide caption

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Bebeto Matthews/AP

Doorbusters Busted: Shoppers Rethink Black Friday

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