Old Bay just transitioned to a tin-and-steel box. It's a more nostalgic vibe — and also more expensive. And it’s a sign that steel-and-aluminum tariffs can impact food packaging.
In December, there were 47% more home sellers than home buyers across the U.S., according to data from Redfin. In Austin, Texas it was even more extreme, with sellers outnumbering buyers by 128%.
Economic stress can have an unexpected effect on consumer behavior, causing an increase in smaller, indulgent purchases that analysts call the “lipstick effect.”
Wealthy people have been driving an increasing share of consumer spending over the last year. That’s largely because asset values have been increasing, encouraging wealthy people to keep spending money.