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Stories Tagged as

Consumer confidence

COVID-19

Will the relief package boost consumer spending in 2021?

by Marielle Segarra
Dec 31, 2020
Ultimately, this money is a bridge until the virus is under control.
Women carry shopping bags while walking in Georgetown on Dec. 23, 2020, in Washington, D.C.
Alex Edelman/AFP via Getty Images
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COVID-19

Consumer confidence lackluster as the pandemic continues

by Mitchell Hartman
Dec 23, 2020
Even with the rollout of vaccinations and federal action on a relief package, many consumers are wary about the future.
Even with positive news about vaccinations, most of the news about the economy and COVID-spread has been downbeat lately.
Spencer Platt/Getty Images
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COVID-19

Growth in retail sales is slowing. That's a bad sign for the economy

by Mitchell Hartman
Nov 17, 2020
As goes the U.S. consumer, so goes the U.S. economy.
Shoppers walk in South Coast Plaza in August in Costa Mesa, California. Smaller retailers are having a harder time transitioning to online sales and adjusting to COVID-19 restrictions.
Mario Tama/Getty Images
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COVID-19

Older consumers may be less inclined to go out and spend as the pandemic continues

by Mitchell Hartman
Oct 28, 2020
Though rising stock and home values have helped older workers and retirees, they have less time to make up for financial losses.
Older Americans are also more leery of going out in the pandemic to shop at the mall, go to the gym or take a trip, according to data from research firm Morning Consult.
Dia Dipasupil/Getty Images
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COVID-19

Virus fatigue is changing people's risk tolerance

by Mitchell Hartman
Oct 26, 2020
New COVID-19 cases are on the rise, but so is people's willingness to go out.
Kena Betancur/Getty Images
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COVID-19

As reopening falters, consumer confidence falls

by Mitchell Hartman
Aug 25, 2020
The pandemic isn't abating and consumers are wary of the future, economists at The Conference Board say.
Customers walk past closed stores at a mall in Franklin, Tennessee. Consumer confidence has fallen yet again.
Brett Carlsen/Getty Images
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COVID-19

Would a resurgence of COVID-19 hurt the economy?

by Mitchell Hartman
Jun 18, 2020
Consumer confidence, while increasing overall, is stagnating in regions where there have been recent spikes in the disease.
Florida is among the handful of states that have just reported record-high weekly case numbers.
Eva Marie Uzcategui/AFP via Getty Images
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COVID-19

Early signs of an improving economy, but consumers haven't opened their wallets

by Mitchell Hartman
May 29, 2020
With unemployment so high and concerns about the coronavirus spread, we likely won't see a rebound in consumer spending anytime soon.
Anxiety about personal finances is still sky-high.
David McNew/Getty Images
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COVID-19

When will consumers start feeling better about the future?

by Sabri Ben-Achour
May 25, 2020
As states relax lockdown rules, consumers may start to feel better about the current situation. The future might take longer.
A reopened Indiana barber shop in mid-May. Consumer confidence may be improving as people begin to return to their usual activities.
Scott Olson/Getty Images
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COVID-19

Consumer confidence dips with spread of COVID-19

by Mitchell Hartman
Mar 27, 2020
As people see workplaces close, big layoffs and stock market uncertainty, they fear for their financial security.
Confidence is likely to get a lot worse, and could reach levels last seen in the Great Recession.
Cindy Ord/Getty Images
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