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Stories Tagged as

Consumer spending

Many Americans are still concerned about getting COVID-19

by Mitchell Hartman
Apr 7, 2022
But that's not stopping many consumers from getting out to restaurants or shopping malls.
Polling data shows that while Americans have become a lot more comfortable going out in public, COVID-19 worries still have an effect on the economy.
Photo by Spencer Platt/Getty Images
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If consumer sentiment is down, why has consumer spending remained strong?

by Mitchell Hartman
Mar 11, 2022
Wage growth, low unemployment and pent-up demand when COVID case counts decline may help explain the disconnect.
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Inflation's already increasing the cost of goods. The cost of services could be next.

by Justin Ho
Feb 22, 2022
The services sector has been feeling the pinch of higher costs, particularly when it comes to wages.
Wages for workers in service industries like catering and child care have gone up in the tight labor market.
Sean Gardner/Getty Images
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Forget stagflation. Retail sales point to a "boomflation" economy.

by Lily Jamali
Feb 16, 2022
The monthly gauge rose 3.8%, showing that Americans are eager to shop despite inflation. It could further push the Fed to hike rates.
People are eager to shop, despite inflation and gloomy views of the economy.
Spencer Platt/Getty Images
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Consumers are on an inflation expectations roller coaster

by Mitchell Hartman
Feb 14, 2022
Even though sentiment has tanked, a New York Fed survey finds that consumers expect inflation to ease in the future.
Consumers are feeling the pinch of inflation pretty much any time they open their pocketbooks — but they're optimistic that price gains will ease in the coming years.
Joe Raedle/Getty Images
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Consumer sentiment is down. Will consumer spending follow?

by Mitchell Hartman
Feb 14, 2022
The University of Michigan's consumer sentiment index is at a 10-year low. But consumer demand and savings remain high.
The job market is booming. Wages are rising. And yet for the past few months now, consumers have been feeling worse and worse about their finances and the state of the U.S. economy.
Joe Raedle/Getty Images
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Amazon's brick-and-mortar clothing store? All about the algorithm

by Justin Ho
Jan 21, 2022
The online retailer has been experimenting with physical locations for several years now.
Amazon already has brick-and-mortar stores, including for books and groceries. Now, it's looking to clothing.
David Ryder/Getty Images
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Consumer spending boosting companies like P&G despite price hikes

by Justin Ho
Jan 20, 2022
Question remains, though: When will consumers cut spending?
Even though shoppers are facing inflation at the checkout line, many are still in the position to afford name brands.
Joe Raedle/Getty Images
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For many retailers, business has never been better. The future? Uncertain.

by Kristin Schwab
Jan 13, 2022
Millions of Americans are still shopping like crazy. But retailers worry their voracious appetite won't last much longer.
Americans have been eager to shop in recent months but haven't been able to find everything they want. Fresh retail sales data will come out Friday.
Raul Ratje/AFP via Getty Images
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What might consumer spending look like in 2022?

by Marielle Segarra
Dec 31, 2021
Retailers are making a calculation about what to put on shelves. And it comes down to supply and demand.
Throughout the pandemic, consumers have shopped quite a bit. It doesn't look like the spread of omicron is going to hamper that.
Paul Ratje/AFP via Getty Images
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