Cash-strapped Americans are panic-searching “pawn shop near me.” The search trend spiked to a record high at the start of July and is an ominous sign the consumer might be pawning items or selling things that were possibly bought during the Covid boom to raise quick money amid the worst inflation storm in a generation.
Let’s begin by analyzing Google search data for “pawn shop near me.” The search trend started surging in January and exploded higher in the last few months to record highs just days ago.
Interest in the search trend is nationwide. Some of the most interest is in the Deep South.
Google provides related search trends that are all in “breakout” territory, including “pawn shop,” “open pawn shop near me,” “pawn shop open,” and “cash pawn shop near me.”