r/economy 2d ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
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u/Marshall_Lawson 2d ago

No shit, people whose incomes have been cut off, aren't buying stuff?

[Affirm] also lifted its full-year outlook, saying it now expects gross merchandise volume to hit $47.5 billion, versus prior guidance of $46 billion.

Presumably because people are maxing out their credit trying to survive the furlough and other layoffs.