Reading up on consumer-spending
2 deep · digging since jan 27
- Why Are We Spending So Much Money on Home Renovations? - The New York Times
Millennials are outspending other generations on home renovations due to a mix of practical needs and emotional motivations, including pandemic-era nesting.
- Charts of the Week: The Almighty Consumer and AI Capex
AI capex and consumer spending equally drove net-new US GDP in early 2025, while OnlyFans out-earned OpenAI and the NYT combined.