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Spending Habits: Americans Reluctant to Sacrifice Dining Out, Vacations, Streaming

A new survey conducted by HomeServe dug into the specifics of how Americans have adjusted spending habits due to higher prices on everything from groceries and gas to entertainment and education.

An overwhelming 82 percent said that inflation is affecting their household budget. When asked what area of their budget is being most impacted, the top three were groceries, gas and utilities.

Respondents are also putting off purchases due to inflationary pressures, with home furniture and household items (52 percent), vacation (47 percent) and a new or used car (37 percent) topping the list.

To determine what spending Americans most prioritize, the survey asked respondents what things, despite higher prices, would they be least willing to give up. Dining out topped the list (49 percent), followed by streaming TV (47 percent) and vacation (45 percent)

Fido and fitness might suffer, though, because the two things they were most willing to give up included regular pet grooming (16 percent) followed by club/golf/pool membership (18 percent).

When it comes to having the funds to cover a home repair emergency, over one-third (36 percent) of homeowners said they have $500 or less – or even no money – set aside to pay for a repair. Almost 15 percent have absolutely nothing set aside, putting these individuals in a vulnerable position when the inevitable home repair emergency arises.

These numbers are consistent with previous State of the Home surveys conducted by HomeServe. The percentage of homeowners with no money set aside was 13 percent in both Summer 2021 and Fall 2020 editions and was 17 percent in May 2020 and October 2019.

While Americans are seeing higher prices across the board, one thing that remains the same is that home repair emergencies are an unfortunate reality, especially during the pandemic with people spending more time in their homes.

In all, 50 percent of respondents said they had an emergency repair in the past two years that they’ve had to hire a contractor to complete. HVAC emergencies topped the list with 28 percent of respondents saying this important home system needed to be repaired or replaced over the past 12 months.

To learn more about the survey, visit https://www.homeserve.com/en-us/media/americans-least-willing-to-give-up-dining-out-streaming-tv-and-vacation-to-save-money/. This survey was conducted June 3-6, by HomeServe, using SurveyMonkey Audience.

HomeServe’s survey received 1,699 responses from adults in the U.S. age 18 and older, of which 1,500 were homeowners. The sample of respondents was balanced by gender and region. For more on the SurveyMonkey Audience panel, please visit: https://www.surveymonkey.com/market-research/data-quality/.

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Bobbie Organic Infant Formula Launches in Target Nationwide

Bobbie organic infant formulaBobbie, the American-founded, European-style USDA Organic infant formula, is launching exclusively at Target. Just 18 months after launching as the first direct-to-consumer infant formula brand, Bobbie will be available at the majority of Target stores across the country and on Target.com within the next several weeks.

As an American-founded infant formula, Bobbie is USDA Organic, made with Organic Valley grass-fed milk, sourced from pasture-raised cows across 45 small, family-owned American farms that prioritize quality and sustainability. Bobbie prioritizes rigorous quality standards and unprecedented clean-certification as the first-ever infant formula to receive both the Clean Label Project Purity Award and certification as a Pesticide-Free product.

“As a mom first and a CEO second, I know firsthand there has never been a more critical time to get more infant formula on shelves,” said Laura Modi, CEO and co-founder of Bobbie, and mom of three. “Introducing a completely differentiated organic infant formula into the market is the near and long-term solution American families need and deserve. There’s nothing more important than making sure our babies are fed and nourished.”

Bobbie represents a new generation of formula that American parents have been demanding, holding itself to the highest standards while bringing peace of mind to U.S. families. As the infant formula shortage continues, Bobbie is proud to expand accessibility to shelves across the country, providing parents with an America-manufactured, organic European-style recipe. Bobbie’s new availability in Target is a long-term solution to the need for increased market diversification and high quality options in the U.S. infant formula industry.

Bobbie launched in January 2021, selling four times greater than forecasted in its first year, making it the fastest-growing infant formula in the United States since the 1980s. Bobbie is also available at www.hibobbie.com. Today, Bobbie’s subscription customer base is over 70,000, serving families in every state across the country; and since 2021, over 100,000 babies have relied on Bobbie for their essential daily nutrition. Bobbie is eager to nourish even more babies while continuing to build a parenting culture of confidence, not comparison, that supports all feeding journeys.

Offering a European-style, USDA Organic option that meets FDA requirements to retail shelves brings Bobbie back to its origin story with a new channel of discovery. Modi was inspired to start Bobbie after the birth of her first child when she found herself standing in the aisle of a store, holding a screaming infant, and fighting fever and chills brought on by mastitis. Disappointed with all the options before her, she was struck with a mother’s intuition that there had to be a better option – and so Bobbie was born.

Bobbie will be available in the majority of Target stores across the country and on Target.com beginning in July. Available in two sizes, featuring the original 14.1 oz can for $25.99 and a new 23.9 oz can for $41.99.

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Titan Farms Peaches Available in Carolina Beauty Gift Boxes

Titan Farms Carolina Beauty peaches gift boxes are back for the third season for $37, which includes 13 hand-picked peaches with a recipe book delivered straight to customers doors. Orders can be placed through Aug. 8 – August being National Peach Month.
But you don’t have to wait until August – National Peach Ice Cream Day is July 17 and National Peach Daiquiri Day is July 19.

These peaches are grown in the sunny fields of Titan Farms in Ridge Spring, S.C.These peaches are specially selected in the field and packed by hand. With soft, delicate fuzz on the skin and tender, juicy flesh, this is how a peach should taste.

Just over 20 years ago, a husband-and-wife duo uprooted their family and set out on a mission to provide South Carolina with the highest quality peaches possible. They are now successfully the largest growers on the East Coast with about 6,200 acres of sunny fields filled with peach trees.Tune in to the “VeryVera Show” on July 16 to see the Carolina Beauty peaches featured in several recipes.

Titan Farms is the premier grower, packer, and shipper of more than 3 million boxes of fresh peaches, broccoli and bell peppers annually. Titan Farms recognizes the importance of sustainable agriculture practices and uses them to benefit America’s consumers and to protect our country’s precious natural resources.

The team at Titan Farms has an extraordinary commitment to providing only the safest, highest-quality produce for customers. Titan Farms brings modern farming and old fashion values together to put the highest-quality fruits and vegetables on your table.

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