consumers Archives - Page 3 of 9

GDP growth in the U.S. was sluggish last quarter

by Sabri Ben-Achour

Apr 27, 2023

Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.

Consumers are still buying things, but "inflation wears you down," warns Morning Consult's John Leer.

Spencer Platt/Getty Images

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Layoffs signal retailers are adjusting to more sharp turns

by Savannah Maher

Apr 17, 2023

Retailers like Walmart and Best Buy are cutting staff as consumers pull back on discretionary spending.

Retail sales had a weak showing in March, and stores like Best Buy and Walmart are laying off workers.

Ken Betancur/Getty Images

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Banks in Turmoil

Consumer confidence is up despite current bank troubles — will it last?

by Savannah Maher

Mar 21, 2023

Consumers haven't seen much reason to hold back.

According to a recent report from Ipsos, consumers are slightly uncertain about the future of the economy, even though consumer spending hasn't eased in the face of high interest rates and prices.

Patrick T. Fallon/Getty Images

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Silicon Valley Bank Collapse

Bank failures add another dose of anxiety to uncertain economy

by Mitchell Hartman

Mar 13, 2023

Viral terms like "bank run" do not help when we're already looking at high prices, rising interest rates and big layoffs in tech.

People line up outside a Silicon Valley Bank office in Santa Clara, California, on Monday. Worries were stoked by widespread news of bank failures, and some people received alarming emails from vendors associated with SVB.

Justin Sullivan/Getty Images

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For online shoppers, is too much variety a blessing or a curse?

by Kai Ryssdal and Nicholas Guiang

Feb 21, 2023

With thousands of items and products to choose from, consumers need to protect themselves from making the wrong purchase.

Sifting through the thousands of product choices online is getting harder.

Tom Cooper/Getty Images

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What recession fears? Consumers shopped up a storm in January

by Mitchell Hartman

Feb 15, 2023

We spent despite being whipsawed by economic news. Raises and slowing inflation helped.

Because of a surplus of inventory, consumers can continue to expect markdowns from retailers.

Frederic J. Brown/AFP via Getty Images

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Consumers seem pretty happy with their own finances. But they're worried about the economy.

by Mitchell Hartman

Feb 10, 2023

Higher interest rates and inflation still spark anxiety. But wages have grown, and some have a greater feeling of financial security.

Despite the burden of inflation, some consumers still feel upbeat about their personal economies.

Luis Robayo/AFP via Getty Images

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Retail is recovering — and flowering — in smaller cities and the suburbs

by Samantha Fields

Feb 1, 2023

A new report from the JPMorgan Chase Institute finds retail has followed consumers to where many more now work and live.

Consumers are continuing to spend — just closer to home. Above, people walk at an outdoor shopping area in Alpharetta, Georgia.

Jessica McGowan/Getty Images

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Some consumers more upbeat as inflation moderates

by Mitchell Hartman

Jan 30, 2023

The University of Michigan's sentiment survey rose 9% in January, though it's still near decade-lows.

Consumer sentiment registered an uptick in the University of Michigan's latest survey, but buyers remain wary about the economy as a whole.

Spencer Platt/Getty Images

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As our online behavior changes, companies spend less ad money on Google and Meta

by Kristin Schwab

Jan 4, 2023

Part of the reason: Social media platforms like TikTok are changing the way we shop online.

While Google is still a big part of the ad business, people are turning to sites like Amazon "as a product search engine instead," said Sucharita Kodali, a retail analyst at Forrester.

Fabrice Coffrini/AFP via Getty Images

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Consumers

GDP growth in the U.S. was sluggish last quarter

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Layoffs signal retailers are adjusting to more sharp turns

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Consumer confidence is up despite current bank troubles — will it last?

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Bank failures add another dose of anxiety to uncertain economy

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For online shoppers, is too much variety a blessing or a curse?

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What recession fears? Consumers shopped up a storm in January

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Consumers seem pretty happy with their own finances. But they're worried about the economy.

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Retail is recovering — and flowering — in smaller cities and the suburbs

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Some consumers more upbeat as inflation moderates

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As our online behavior changes, companies spend less ad money on Google and Meta

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