Inflation and recession jitters are cutting into the spending of households that aren’t living paycheck-to-paycheck, a sign of growing uncertainty among those with disposable income and good credit scores. Even among households with comfortable incomes, rising prices are causing select spending reductions. While spending in...
May 01, 2023
A shift from growth to efficiency is showing up in earnings calls across industries. With half of the S&P 500 having held calls for last quarter thus far, the number of mentions made during the calls of terms like “personnel costs” and “spending on hiring” are 80% lower than they were the previous quarter, Bloomberg […]
