consumer spending Archives - Page 4 of 28

October, that magical time of year when holiday shopping begins

by Henry Epp

Oct 12, 2023

Companies like Target, Walmart and Kohl’s held sales this week aimed at holiday shoppers, and Amazon just wrapped up its second Prime Day event of the year.

While stores might not have holiday decorations up yet, multiple retailers have sales running aimed at enticing (early) holiday shoppers.

Justin Sullivan/Getty Images

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September's real wages are expected to rise

by Mitchell Hartman

Oct 9, 2023

And that would mean your paycheck's purchasing power would be getting a boost relative to inflation.

Rising real wages means consumers are "making up for the consumption power that they lost when prices were rising faster than wages," says Erica Groshen, former Bureau of Labor Statistics commissioner.

Justin Sullivan/Getty Images

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As student loan payments restart, borrowers feel the pinch. The economy might too.

by Henry Epp

Oct 2, 2023

Obligations resuming after three years could be a rude awakening for some. But by itself, it's not likely to start a recession, experts say.

The return of student loan obligations probably won’t tip us into a recession, but millions of Americans will feel the financial pinch, said Shannon Seery of Wells Fargo.

Brandon Bell/Getty Images

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All those pandemic savings? They might already be gone

by Sabri Ben-Achour

Sep 28, 2023

People in the U.S. saved an estimated $2.1 trillion at one point in the pandemic. By some estimates, that money's pretty much gone.

Howard Huang/Getty Images

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Furniture sellers adapt to a nationwide drop in sales

by Stephanie Hughes

Sep 15, 2023

Sales at furniture stores have been sliding amid a cooling housing market and weakening consumer sentiment about making big purchases.

AJ Venable at Urban Links Furniture & Appliances in Baltimore. He said his customers have become more price-sensitive.

Stephanie Hughes/Marketplace

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FedEx and UPS hike prices for 2024, but not as much

by Justin Ho

Sep 11, 2023

Shipping companies need to cover their higher costs, but there's a limit to how much they can pass on to customers.

Carriers like UPS and FedEx know there is a limit to how much they can raise prices, said Jason Miller of Michigan State.

Robert Nickelsberg/Getty Images

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Service-sector businesses feel upbeat about "business conditions"

by Justin Ho

Sep 8, 2023

A survey from the Institute for Supply Management found that a majority of service-sector businesses feel positive about business conditions and the overall economy.

Service sector businesses, which include restaurants, hair salons, marketing agencies and more, are overall feeling positive about the economy, thanks to strong customer demand.

Frederic J. Brown/AFP via Getty Images

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Consumers are finding ways to justify spending, even if it busts their budget

by Kai Ryssdal and Sofia Terenzio

Sep 5, 2023

The rebound from pandemic deprivation continues, says Adriana Samper of Arizona State, and the reasoning can get pretty creative.

Tolga Akmen/AFP via Getty Images

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Spending on games and hobbies is up as consumers prepare to hunker down for fall

by Stephanie Hughes

Aug 31, 2023

During the pandemic, people spent money on stuff. Then, they spent money on experiences. Now, it seems they're spending money on things that help them connect.

Ethan Childs, left, and Imani White play Magic the Gathering at Canton Games in Baltimore. Games are part of how they socialize.

Stephanie Hughes/Marketplace

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Despite rising interest rates, consumers increased their spending in July

by Kimberly Adams

Aug 31, 2023

But what they're spending their money on is shifting.

Despite climbing interest rates, consumers spent .9% more on goods in July than in June.

Justin Sullivan/Getty Images

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Consumer spending

October, that magical time of year when holiday shopping begins

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September's real wages are expected to rise

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As student loan payments restart, borrowers feel the pinch. The economy might too.

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All those pandemic savings? They might already be gone

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Furniture sellers adapt to a nationwide drop in sales

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FedEx and UPS hike prices for 2024, but not as much

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Service-sector businesses feel upbeat about "business conditions"

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For public good, not for profit.

Consumers are finding ways to justify spending, even if it busts their budget

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Spending on games and hobbies is up as consumers prepare to hunker down for fall

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