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Consumer spending

Does declining consumer confidence lead to lower spending?

by Savannah Maher
Jul 26, 2022
The mood worsened for the third straight month, but many Americans have financial cushions.
As the labor market cools, economist Betsey Stevenson predicts consumer spending will too. For some lower-income households, that’s already happening.
Brandon Bell/Getty Images
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Spending is up, but consumer confidence isn't

by Kristin Schwab
Jul 15, 2022
Retail sales rose in June, yet inflation is still a factor in how and where people are willing to spend.
While electronic and appliance sales saw the biggest drop in the last year, spending at bars and restaurants remain strong.
Anna Moneymaker/Getty Images
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Why the U.S. doesn't have the best sunscreens in the world

by Amy Scott and Anais Amin
Jul 13, 2022
The FDA hasn't approved ingredients that could make products more pleasing to use — and used more often, says Amanda Mull of The Atlantic.
People may be less likely to use sunscreen when it feels sticky, goopy or greasy, or leaves a white cast.
Mykola Sosiukin/Getty Images
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Consumers are spending more on services than on stuff. How long will that last?

by Justin Ho
Jul 6, 2022
Even if growth in services sector spending slows this summer, economists don’t see it stopping any time soon.
People have been spending more money on the service sector than goods.
Octavio Jones/Getty Images
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Consumers dialed back their spending in May, thanks to rising prices and interest rates

by Mitchell Hartman
Jul 4, 2022
The 0.4% drop signals that the Federal Reserve's interest rate hikes are cooling the economy, but there's a greater risk of recession.
Among consumers, an attitude of eager spending may be giving way to concern about household budgets.
Justin Sullivan/Getty Images
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Current economic moment could spell "catastrophe for retailers"

by Stephanie Hughes
Jul 1, 2022
With rising prices, ongoing supply chain issues and the wrong inventory, it's a rough time to be a big-box store.
Kohl's had been in negotiations to be bought by the Franchise Group but decided to end those talks. It's part of an industry that's struggling with difficult conditions.
Justin Sullivan/Getty Images
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Consumers are pulling back on spending. They're also tapping savings and taking on debt.

by Mitchell Hartman
Jun 30, 2022
That's good news for inflation, but it might be bad news when it comes to the risk of a recession.
The price of everything — from groceries and gasoline to discretionary purchases like travel — is going up. As a result, consumers aren't spending as freely.
Frederic J. Brown/AFP via Getty Images
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We're saving less. Will we spend less?

by Sabri Ben-Achour
Jun 14, 2022
After reaching a record high of nearly 34% early in the pandemic, the savings rate has dipped below its pre-pandemic level.
Travelers board a train in Washington, D.C. Partially fueled by pent-up demand for services, consumers are spending down their savings.
Drew Angerer/Getty Images
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Consumers are spending on services again as the pandemic shopping spree for goods cools

by Sabri Ben-Achour
May 31, 2022
People want to get outside and do stuff, not just buy stuff. That's reflected in surging travel bookings — and airfare.
Consumers are still spending on big-ticket, durable goods like furniture. But now demand for services is picking up again.
Brandon Bell/Getty Images
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Despite high prices, pandemic-weary Americans are likely to spend this Memorial Day

by Stephanie Hughes
May 30, 2022
The holiday's staples, like meat and propane, are more expensive. But people are willing to pay more as they gather to celebrate.
Mark Makela/Getty Images
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