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Consumer spending

Many ready to splurge as consumer confidence builds up

by Nancy Marshall-Genzer
May 25, 2021
Two-thirds of consumers are still hesitant to regularly venture out of their homes, but that doesn't mean they won't be spending.
Thirty percent of those surveyed say they’ll spend more money on travel and dining.
Scott Olson/Getty Images
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Are vaccinations getting people to spend? Maybe not yet.

by Amy Scott and Sean McHenry
May 24, 2021
Wall Street Journal reporter Sarah Chaney Cambon notes that unvaccinated people are outspending the vaccinated.
Customers inside a bar in North Hollywood. In order to enter, they must provide proof of vaccination.
Patrick T. Fallon/AFP via Getty Images
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Retail sales were flat in April, falling short of estimates

by Marielle Segarra
May 14, 2021
But considering what we're comparing them to — the stimulus-fueled month of March — that's not so bad.
In April, people spent less on things like clothing and furniture and more at bars and restaurants.
Mario Tama/Getty Images
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Strong gains in consumer spending and incomes in March

by Associated Press
Apr 30, 2021
U.S. consumer spending rose at the fastest pace in nine months while incomes soared by a record amount in March.
Michael M. Santiago/Getty Images
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What consumer spending can tell us about the economic recovery

by Marielle Segarra
Apr 28, 2021
The numbers are a snapshot of March, when many Americans were spending freshly received stimulus checks.
This Friday's consumer spending numbers will mostly be based on the experience economy, which includes services like bars, hair salons and theaters.
Gabriel Kuchta/Getty Images
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Are we headed for a Roaring '20s economy?

by Kai Ryssdal and Maria Hollenhorst
Apr 16, 2021
We check in with three economic historians on what to expect in the post-pandemic era.
The economy is fundamentally different today than it was 100 years ago, but there are some parallels.
Puttnam /Topical Press Agency/Getty Images
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How consumers are using their latest relief checks

by Nancy Marshall-Genzer
Apr 7, 2021
A Federal Reserve report found consumers are mostly saving the payment. When more Americans are vaccinated, they might spend more.
Many consumers plan to save a big part of their relief payment instead of quickly funneling it into the economy.
Chuyn via Getty Images
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COVID-19

People are ready to spend money on experiences again

by Katherine Wiles
Mar 29, 2021
There is a lot of pent-up demand for experiences after a year of isolation.
An employee arranges merchandise at a store in the Downtown Disney District shopping area outside of Disneyland last summer. Disney California Adventure Park partially reopened for a ticketed shopping and dining event.
Derek Lee/Disneyland Resort via Getty Images
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COVID-19

How recipients will spend COVID relief payments depends on their income

by Mitchell Hartman
Mar 26, 2021
The worst off are likely to use them to fend off economic disaster. The best off may well splurge.
Middle-income households may increase their spending a bit, and pay down debt. But Camilla Yanushevsky at CFRA Research said some of them may hold back, because they’re worried.
LPETTET via Getty Images
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COVID-19

Companies see an opportunity with more relief money headed to consumers

by Justin Ho
Mar 17, 2021
Deals and other offers are likely to appear online, where people have already been shopping during the pandemic.
Consumers are likely to spend this latest round of relief payments quickly, said Matt Kleinschmit, CEO of the market research consultancy Reach3 Insights.
Spencer Platt/Getty Images
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