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Consumer spending

Holiday shopping will look different this year, with discounts coming early

by Savannah Maher
Oct 10, 2022
Consumers can expect early and steep sales as retailers try to offload excessive inventory. Online shopping is expected to cool.
"Consumers are going to be seeing some of the best discounts they’ve seen in quite some time," said Vivek Pandya of Adobe Analytics. 
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The economy is acting weird. Not even economists can fully say why.

by Kristin Schwab
Sep 30, 2022
There are many contradictory economic trends these days, and history isn't providing its usual hints about what will happen next.
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Companies plan to hire fewer seasonal workers this year

by Kristin Schwab
Sep 22, 2022
Retailers are worried that inflation and fear of a potential recession will impact holiday spending.
Walmart said it plans to hire 40,000 seasonal workers for the holidays this year. It brought on 150,000 in 2021.
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Retail sales rose a smidgen in August, but some see warning signs

by Samantha Fields
Sep 15, 2022
Sales rose 0.3% last month, but there are signs some consumers are pulling back on big-ticket items, excluding cars.
In August, retail sales rose by 0.3%. Some of that was likely due to consumers stocking up on back-to-school items.
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Why buy now, pay later might not be such a good idea

by Amy Scott and Andie Corban
Sep 12, 2022
These short-term credit companies are running into questions about their customers' ability to pay them back. Regulators are paying more attention.
"You buy more stuff when you're doing buy now, pay later because it feels like you're spending less money," says Vox reporter Emily Stewart.
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With more products on sale, consumers are ready to buy

by Justin Ho
Aug 25, 2022
Retailers are trying to get rid of excess inventory by marking down certain products. That's likely to lure shoppers.
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Why retailers messed up their inventories so badly

by Sabri Ben-Achour
Aug 18, 2022
Target, Walmart and others have struggled to keep up with changes in consumer buying and have had to predict demand further in advance.
Target and other retailers have been marking down prices in hopes of moving their glut of merchandise.
Robyn Beck/AFP via Getty Images
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What Walmart and Home Depot's rising sales say about consumer sentiment

by Justin Ho
Aug 16, 2022
Walmart customers are thinking about rising prices. Home Depot customers are thinking about rising interest rates.
A look at Home Depot's sales indicates that people are opting to improve their existing homes rather than buy a new place.
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Survey finds consumers feel a little better about the economy

by Savannah Maher
Aug 12, 2022
The University of Michigan survey shows improvement, especially among low- and middle-income consumers, who have struggled most with inflation.
Though sentiment is still a mixed bag, people are a bit more optimistic about the economic outlook.
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GDP dips by 0.9% in second quarter, but consumers are still spending

by Sabri Ben-Achour
Jul 28, 2022
While consumers cut back on goods spending, spending on services jumped.
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