The American consumer just keeps spending

Jun 15, 2023
Retail sales surprised with a 0.3% gain in May. Nearly every category advanced despite persistent concern about inflation.
Despite continued anxiety about inflation, retail sales ticked up last month.
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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.
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How a decline in home sales also trips up retail

May 16, 2023
When people buy new homes, they buy a lot of other things too, like furniture, appliances and electronics. When home buying slows, that can have a real ripple effect on other industries.
Today’s retail sales numbers showed people spent less on things like building materials and garden supplies in April than they did a year ago. Home Depot also reported today that sales dropped in the first quarter.
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Why are Ikea and Costco expanding as other retailers close stores and lay off staff?

Apr 21, 2023
Opening new stores may be a way for some retailers to position themselves for both a downturn and a recovery.
Someone who once shopped at Crate & Barrel may now feel more comfortable on an Ikea budget, which could partially explain the retailer's expansion plan.
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Dour consumers have cut their spending. Could that help trigger a recession?

Apr 14, 2023
Consumer sentiment's been up and down lately.
There definitely has been a decline in spending on goods like furniture and electronics, says  Bill Adams of Comerica Bank.
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"You only live once" may explain Americans' continued spending spree

Mar 16, 2023
Some attribute it to pent-up demand. Others think the American consumer may have changed.
From dining out more frequently to traveling more, Americans continue to splurge on services despite persistent inflation.
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New location means smarter budgeting for Michigan retailer

Mar 10, 2023
Annie Lang-Hartman, owner of Wild Lettie, just signed the lease on a new location, hoping to expand her product offerings.
As Wild Lettie expands to three stores, there is a lot of work to do to set up shop.
Courtesy Annie Lang Hartman

For public good, not for profit.

Confident in the economy or not, American consumers are going out

Feb 28, 2023
Sales at restaurants and bars were up around 25 percent from last year. Part of that is likely due to pent-up demand.
Kooper's Tavern is one of many bars and restaurants in Fells Point, a historic neighborhood in Baltimore.
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For those who sell, predicting the economy is more than theoretical

Feb 21, 2023
Manufacturers and retailers have to decide what to make or stock now based on where they think the economy will be later.
Retailers will often mark down prices to move inventory. But suppliers will sometimes share in the loss by giving retailers a credit.
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On Presidents Day, many elect to shop, despite prices 

Feb 20, 2023
Retail sales were up 3% in January from the month before, but some categories — like building supplies — were mostly flat.
While overall retail sales were up 3% in January from the month before, business at building materials stores was mostly flat.
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