Watch CBS News

What is "revenge spending" and how is it affecting Americans' finances?

Many consumers have been spending a bit extra when shopping and eating out to make up for lost time after the worst of the pandemic. Chiraag Mittal, an associate professor of commerce at the University of Virginia, joins CBS News' Tony Dokoupil and Errol Barnett to discuss the impact.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.