All posts tagged with consumer spending
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-(Natural News) A recent survey revealed that the massive increases in everyday living expenses due to skyrocketing inflation rates are causing Americans to be nervous about their emergency savings. The June 23 survey conducted by Bankrate found that 58 percent of the 1,025 adult respondents were concerned about the amount they have in emergency savings. This followed […]
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-(Natural News) Data from the recent Barclays research revealed that more Americans are beginning to resist spending on services, such as eating at restaurants and booking flights and accommodations. “All through 2022, the narrative has been that as [Wuhan coronavirus] COVID-19 faded, households would ramp up spending on services. This indeed has been true for […]
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-(Natural News) Just a few months ago, consumer demand was through the roof and shipping containers were having a difficult time reaching some ports and offloading their goods due to residual Wuhan coronavirus (Covid-19) restrictions. Now, the opposite situation is unfolding as nobody wants to buy much of anything anymore. Chalk it up to inflation […]
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-(Natural News) As the COVID-19 pandemic rages on, the huge demand for goods by American consumers could be setting us up for a situation where supply chain bottlenecks never let up if infrastructure improvements are not made at America’s two busiest ports. This is according to analysis by RBC Capital Markets, who released a report […]
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Americans are hoarding cash in record numbers, but inflation is causing the value of savings to drop
-(Natural News) Americans have been increasingly hoarding cash due to economic uncertainty spurred by the COVID-19 pandemic, and experts are warning that the value of these savings are diminishing thanks to rising inflation. The funds that many people have amassed in savings throughout the pandemic are significantly more than the three to six months of […] -
-(Natural News) Americans are waking up to more expensive goods and services as the economy bounces back from COVID-19. Because of this, many are now rethinking their spending habits to get the most out of their dollars. The Wall Street Journal (WSJ) asked some Americans about the changes they have made in response to higher […]
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-(Natural News) Supply chain issues and rising prices due to inflation are now driving customers to discount stores. Steve Shaw, senior vice president of transaction data insight company Facetus, explained the sudden influx of people in discount stores. He said that the trend likely relates to discount stores having better supply chain logistics and lower […]
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-(Natural News) Consumer sentiment has declined in the first half of July following the reversal of the economic reopenings of several states in the face of a resurgent Wuhan coronavirus (COVID-19) pandemic. The University of Michigan’s Index of Consumer Sentiment slid to 73.2 percent during July’s preliminary reading, down from 78 percent at the end of June. The […]
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