#consumer-spending

#consumer-spending

Nearly 57% of workers from households earning less than $50,000 report delaying or canceling a major purchase. That compares with 48% of households making $50,000 to $100,000 and 35% of those earning more than $100,000. Among renters, nearly half (49%) say they were holding off on major purchases compared with 27% of homeowners. Roughly a third (32%) of respondents say their job security had no impact on their purchasing decisions.

"I think the underlying trend ... is really tied to the consumer sitting on the sideline," he said, citing increased price sensitivity, an uncertain economic climate, and the challenge of lapping last year's promotional successes.

AI has significantly contributed to improved efficiency and gains across Meta's ad system, leading to a remarkable 22% year-over-year increase in second-quarter sales.

The non-surgical cosmetic procedures market is booming, with consumers spending more on beauty than on gym memberships, football matches, and amusement parks combined.

The modern iteration of the Ball Park dog is made from 100% USDA-inspected beef with no artificial colors, flavors, byproducts, or additives.

Rising costs have put immense pressure on small high street businesses, pushing many to consider closure or selling due to financial viability concerns in the next few years.

Generation X is set to lead in consumer spending, projected to spend $15.2 trillion in 2025, more than any other generation according to NielsenIQ's The X Factor report.

A recent Bank of America Institute note spotted a contradiction: While data shows customers increasing spending at restaurants recently, when surveyed, shoppers said they actually cut spending on dining out. They explain this by deal-hunting: Diners still went out, but scaled down the types of restaurants they visited to get more bang for their buck.

Confidence among UK small business owners remains strong in 2025 despite rising costs and economic uncertainty. Nearly half reported stronger business performance this year compared to the last.

Consumers seem 'basically fine,' with strong spending habits continuing amid economic pressures such as inflation and higher borrowing costs. Investment banking activity has also rebounded.

Consumers' appetite for big-ticket spending on PCs faces a number of downside risks. Although PCs currently remain exempt, broader tariffs impacting key spending categories have already resulted in inflationary pressure, with the Federal Reserve pausing its planned interest rate cuts in anticipation of further price rises in the remainder of the year.

The effect of those tariffs is already starting a drag on the economy... spending likely rose at an annualized pace of only about 1½% in the first half this year, well below last year's 3% average.

Even if we only walk, we are faster than others," says Sun as he laughs mischievously. He is using the run-walk imagery to describe the state of the Chinese economy compared to its competitors. The businessman had been doing well selling real estate in China. Still, he doesn't want to see his full name published because his business is currently not doing well. There are vacant properties all over, and many apartments are just too expensive. What about the future, what's next? Sun shrugs, suggesting that everything will turn out fine.

Dollar General is uniquely positioned during economic downturns, raising its forecast while many retailers struggle, as shoppers seek affordability and value amid rising costs.

Monro will close 145 underperforming stores by the end of the current quarter, signifying a major restructure in response to reduced consumer spending on auto services.

Buy now, pay later services encourage overspending and are a trap, as they profit from missed payments and incentivize buying unnecessary items through smaller checkout amounts.

The apparent unraveling of the U.S. and China trade deal caused all three major stock market averages to open lower, reflecting ongoing investor uncertainty.

The global mobile games market reached $65.7 billion in consumer spending during 2024, reflecting a year-over-year growth of 3.8%.

Home Depot reported better than expected sales numbers, but worse than expected earnings, showcasing a mixed performance in the retail sector.