Priscilla Marie Lopez never set out to sell online. She built her TikTok following by posting cooking videos of recipes and cooking on a budget […]
Tag: consumer spending
Five Things To Watch in the April Retail Sales Report
The April retail sales report will offer new insight into whether consumers are still powering the economy or beginning to pull back. The data arrives […]
Retail Sales Rise in February, But Less Than Expected
Retail sales rose slightly in January but well short of expectations in a sign that consumers are cutting back spending amid economic uncertainty. Retail sales […]
Hearts Break for Valentine’s Day as U.S. Retail Sales Decline for the First Time in Four Months
U.S. retail sales declined for the first time in four months, as consumers spent less than expected due to the end of the holiday season […]
The Environmental Cost of Subscription Boxes
More Americans are turning to subscriptions to serve a variety of needs, from clothing to meals to cat litter. Subscription e-commerce sales totaled nearly $33.5 billion in 2022, a 15% increase over the previous year, according to Insider Intelligence, which predicted it would keep growing at a similar rate for the next two years. But subscription services, with the exception of meal kits, can have an environmental dark side: overconsumption and excessive returns.
January Inflation Exceeds Expectations, Early Rate Cut Prospects Dim
Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]
Five Things to Watch in March’s Personal Income and Outlays Report
The Bureau of Economic Analysis will release tomorrow the latest Personal Income and Outlays report. Economists surveyed by Bloomberg forecast a month-to-month personal income increase […]
U.S. households spent considerably less in February after a spending spree in January
Personal consumption expenditures decreased on a month-to-month basis, while wages in the private sector continue to increase Consumers considerably slowed their spending in February, but […]
Generation Y doesn’t save, and their debt continues to grow
As interest rates continue to increase credit card debt balances will cause strains to people in their 20s and 30s When the pandemic cut Dominique […]
Consumer spending increased, and so did the Fed’s benchmark
The personal consumption expenditures surprisingly rose while consumers increased their spending in January. Consumer spending increased and inflation picked up in January, likely setting the […]