Consumer Outlook news and trends

Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
Economy // September 15, 2023

Consumers, looking ahead, think inflation’s growth rate will moderate. But their outlook about the economy right now, and where it’s headed, is muted. To that end, the University of Michigan released its Consumer Sentiment report for September that showed that the overall sentiment was 67.7 points, down...

Quick Reads
Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days

October 10, 2023
Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals that price-conscious shoppers are primarily gravitating towards low-cost kitchen gadgets and apparel instead of splurging on big-ticket items, Bloomberg reported Tuesday (Oct. 10). During the first eight hours of the retailer’s Prime […]