by - October 18, 2024 8:59 am
Consumer spending up marginally in September
Consumer spending dipped in September with the retail sales of goods up 0.55% from a year ago, and down 0.32% from the prior month, according to a recent National Retail…
Tag: consumer spending
by - September 17, 2024 3:14 pm
NRF: Retail sales improved more than expected in August
Consumer spending in August ticked higher and pushed overall retail sales – excluding automobiles and fuel – up 2.11% from a year ago. Core retail sales that also exclude restaurants…
by - March 20, 2024 4:16 pm
NRF: Consumer spending expected to normalize in 2024
Consumer retail spending is estimated at $5.23 trillion in 2024, excluding automobiles and fuel, according to the National Retail Federation (NRF). The trade group expects sales growth between 2.5% and…
by - October 17, 2023 5:20 pm
Consumer spending in September better than expected
Retail sales rose 0.7% in September from the previous month, better than the 0.3% that was expected because of higher interest rates and concerns over a weakening economy, according to…
by - June 16, 2022 2:08 pm
The Supply Side: Consumer spending shifts driven by inflation, end of stimulus funds
According to a survey by management and analytics firm Tango, with consumer spending expected to rebound after two years of pandemic disruptions, inflation threatens to inhibit the critical consumer impact…
by - December 9, 2020 4:45 pm
Consumer spending up in October, personal income declines
Consumer spending crept upward again in October but personal income fell due to the decline of government payments, according to the monthly update issued by the Bureau of Economic Analysis….
by - November 2, 2020 9:46 am
Consumer spending up in September; savings decline
The U.S. has been in a deep recession since February and was accelerated by the COVID-19 pandemic that began in March. Shutdowns devastated consumer spending, but there are signs of…
by - May 7, 2020 4:34 pm
Record drop in personal consumption expenditures
One of the leading indicators of economic health – consumer spending – took a historic hit as the COVID-19 pandemic began to unfold in March. In the 61 years since…
by - February 23, 2017 11:33 am
Federal Reserve: Consumer spending held down by housing priorities
William Dudley, president and CEO of the Federal Reserve Bank of New York, has a theory as to why consumers have not spent more of the money they have saved…
by - December 8, 2016 3:12 pm
Credit card debt hit $21.9 billion in the third quarter, $80 billion by year end
American consumers cast positive votes about the economy each time they reach for a credit card to make purchases, and that reach totaled more than $21.8 billion in the third…
by - November 28, 2016 8:43 am
Holiday spending online totals $24.52 billion through Black Friday
Consumers logged online and spent a record $24.52 billion between Nov. 1 through Black Friday (Nov. 25), up 12% from the same period in 2015, according to comScore. “After a…
by - July 26, 2016 6:05 pm
Consumers predicted to spend $75.8 billion on back-to-school, college in 2016
Estimates suggest that retailers from Wal-Mart Stores to local shops will see $75.8 billion spent by U.S. consumers, up 11.47% from 2015, during the back-to-school season, according to the National…
by - December 1, 2015 3:00 pm
Arkansas consumer spending growth trails most of the U.S., healthcare spending outpaces housing
It’s been more than five years since the recession of 2008 and 2009 officially ended, but consumer spending patterns across Arkansas remain muted compared to the rest of the nation….
by - November 30, 2015 10:24 pm
Consumers spend around $300 on Thanksgiving break holiday shopping, sales may be down 10%
Relentless rain in many parts of the U.S. and an icy mess from the Texas Panhandle to South Dakota didn’t stop consumers from seeking promised bargains in stores and online…
by - July 15, 2014 5:31 pm
Consumer spending trends remain a focus for economists, Wal-Mart execs
Consumer spending, which accounts for two-thirds of the nation’s gross domestic product, remains fickle as signs still point to timid behavior despite heavy promotional activity from retailers. And consumer activity is…
by - December 11, 2013 12:01 pm
November spending slows, consumers may be waiting for better deals
First Data Corporation, a large electronic payments processing company, reports softer spending patterns among consumers so far this holiday season. The report released Wednesday (Dec. 11) found overall retail spending…
by - October 4, 2013 9:58 am
Lunch out takes a big bite from family budgets
Who doesn’t look forward to lunch outside the office on occasion? Consumers will spend an average of $10 per outing, and they do it again at least one more time…
by - August 1, 2013 9:20 am
Some studies note impact of tax holiday promote spending
One back-to-school ritual designed to boost consumption will occur this weekend starting Saturday (Aug. 3) and ending Sunday (Aug. 4), as consumers may take advantage of a statewide tax-free holiday….
by - July 31, 2013 9:45 am
Research: Consumer spending on the rise
Consumers continue to reach into their pockets and spend more for transportation, food, alcoholic beverages and their homes. But according to a new report from Mintel they aren’t spending as…
by - March 20, 2013 10:08 am
Deloitte: Consumer spending stabilizes amid higher taxes
The Deloitte Consumer Spending Index remained steady in February primarily as a decline in initial unemployment claims and a rise in real average hourly earnings offset negative forces. The index…