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Amazon set to create "discount" section with goods shipped direct from China

Jun 28, 2024
Analysts say this could be a bid for the retailer to compete more directly with ultra-low-cost sites like Temu and Shein.
Axing or reducing the number of U.S. warehouses could mean fewer Amazon goods go unsold.
Johannes Eisele/AFP via Getty Images

Global trade in goods seems set to pick up, WTO says

Nov 27, 2023
Demand for electric vehicles is a big driver of the revival.
Trade in auto parts and electronic components have picked up, the World Trade Organization says.
John Thys/AFP via Getty Images

Despite rising interest rates, consumers increased their spending in July

Aug 31, 2023
But what they're spending their money on is shifting.
Despite climbing interest rates, consumers spent .9% more on goods in July than in June.
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The U.S. may still avoid a recession, retail sales indicate

Jul 18, 2023
Retail sales were soft but not terrible in June. More importantly they are at least keeping up with inflation, and don't foreshadow a recession.
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April retail sales data add confusion to an already confusing economy

May 16, 2023
Between the pandemic and its economic ripple effects, the consumer experience has been a wild ride.
While consumers are cutting back on buying big-ticket items like appliances, there’s still pent-up demand for services.
Joe Raedle/Getty Images

Spending on services is starting to taper off, U.S. data indicates

Jan 27, 2023
Until recently, consumers had been spending less on goods and more on services. That's changing. Here's what it could mean for inflation.
While consumer appetite to travel remains strong, more people are opting to drive rather than fly.
Joe Raedle/Getty Images

As Americans spend on experiences, inflation declines for goods and rises for services

Dec 23, 2022
It's a tale of two inflations: goods versus services.
After the heights of the pandemic, Americans decided to gorge in-person activities like dining out.
Spencer Platt/Getty Images

For public good, not for profit.

With warehouses full, retailers look to store goods outside

Nov 16, 2022
The “industrial outdoor storage” industry has been booming during the pandemic, as retailers try to find creative places to park their goods — literally.
With warehouse space in high demand, some retailers look to facilities with larger parking lots to store goods outdoors.
Kyryl Gorlov/Getty Images

Waiting for another inflation report, with concern

Aug 9, 2022
Wednesday the government will tell us how much prices changed year over year in July. Inflation was an alarming 9.1% in June.
While rising prices for services, like styling hair, worry economists, prices for some goods may be dipping.
Rodin Eckenroth/Getty Images

GDP dips by 0.9% in second quarter, but consumers are still spending

Jul 28, 2022
While consumers cut back on goods spending, spending on services jumped.
Spencer Platt/Getty Images