Despite concerns about inflation, Americans are less inclined to discontinue Netflix and Amazon Prime than to reduce their spending on groceries.
Fewer Americans want to cancel their streaming subscriptions, especially when it comes to TV, movie, and music services
Even as they make cuts in response to growing costs and recessionary anxieties.
According to a recent study by the National Research Group, over two-thirds of consumers claim they would have to cut back on their spending owing to inflation
only about a quarter intend to cancel such subscriptions in the months to come.
Most participants stated that they were more likely to limit their spending on food, clothing, and eating out.
Even less likely than food and gasoline, the survey revealed that consumers are to cancel Amazon Prime, TV and movie streaming services, and home security systems.
Cramer's outlook for the coming week: "I am advising you not to be a hero" while the Fed fights inflation