Chicago Tribune

Editorial: Holiday sales show consumers feeling stressed, losing confidence

People walk past stores in the 500 block of North Michigan Avenue in Chicago on Nov. 25, 2022.

On the surface, the holiday retail season is off to a great start. Almost 200 million U.S. shoppers turned out in person and online from Thanksgiving Day to Cyber Monday, and holiday retail sales are expected to rise between 6% and 8% from last year to nearly a trillion dollars. Amazon reported its most successful launch of a holiday shopping season ever.

It’s enough to make you think COVID-19 and the hard times that went along with it have disappeared for good, especially as

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