On the latest episode of "The DrBicuspid.com Podcast," I sat down with Sameer Bhasin, the vice president of alliances for CareCredit, to discuss the latest numbers and trends revealed in the February edition of the In Synch Consumer Monthly Tracker.
With data provided by Synchrony Financial, Bhasin and I pore through some of the more important numbers revealed by those polled for the report. You can view the entire report by clicking here.
Among the trends in the report is that as recession concerns continue to decline, consumers are less stressed about inflation and remain optimistic about interest rates. I ask Bhasin what that means for dental practices and spending habits.
"When consumers are worried about the economy, interest rates and inflation may impact their perception of their own personal finances, which may then impact their purchase behavior, even when it comes to something like dentistry," Bhasin said.
We also discuss what was in the survey regarding disposable income, and more.
You can listen to our entire conversation by clicking below.