Hobby Spending Rises 7.9% Amid 'Funflation' Concerns

In August 2026, hobby spending in the U.S. increased by 7.9% year on year, according to Bank of America, despite higher costs linked to 'funflation'. This growth outpaced total retail sales, which rose by 6%, showing consumers are committing more to leisure activities. Additionally, sales at sporting goods and hobby stores surged by 10.7%, while the recreation index rose 2.7% over the same period. This trend indicates that consumers may be reallocating funds from travel, as airfare costs have increased by 26.5% year on year, allowing them to invest more in home-based hobbies.

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