Americans are doomspending

Question

Americans are feeling anxious so they are doomspending.

Answer 1

Yes it does seem like this is something many younger Americans are doing as you can see on this Reddit thread https://www.reddit.com/r/Zillennials/comments/1c3f6x7/anyone_here_really_doom_spending/

people are spending their money to tackle anxiety, this Reddit thread is something that comes from real people, and not just someone saying that they are doom spending, and given just how many replies they got of people saying they were doing it, it seems to be a big problem.

Comments

Is reddit a legitimate source for a fact-check? Academic or news outlets are better places to conduct research for a fact-check.

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Your response is true, but I would not trust Reddit as a reliable source for a fact-check. While it does have personal input from others about the topic, which could be useful for gathering data in a different way, I would look to academic and media sources for a better quality of research.

Answer 2

The claim that Americans are doomspending is true. According to this article from the Associated Press, there has been a 0.2% increase in retail sales since February 2025, with reports of it being due to anxiety and uncertainty about the United States' economic stability and the future of inflation.

CNBC says that 28% of Americans are making bigger purchases, such as home appliances and electronics, and 22% are stockpiling goods with the intention to avoid higher costs once President Trump's tariffs hit and increase the for consumers.