consumers Archives - Page 3 of 10

Workers are being more productive, a good sign for low-inflation growth

by Justin Ho

Aug 3, 2023

The Labor Department says worker output is up while average hours worked is down. That could help bring down inflation going forward.

Worker output climbed in the second quarter as economic growth picked up.

Johannes Eisele/AFP via Getty Images

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Wage growth may be slowing, but consumers still have the power to spend

by Justin Ho

Jul 28, 2023

Wages are rising faster than prices. So on average, people’s purchasing power is increasing.

Purchasing power has increased because prices have been rising more slowly, said economist Preston Mui.

Scott Olson/Getty Images

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Will inflation make consumers abandon their favorite brands?

by Kimberly Adams

Jul 28, 2023

Consumers have been sticking with Procter & Gamble. But if high prices make shoppers trade down, the company has products for them too.

Procter & Gamble, maker of Tide detergent and many other consumer products, is cautious about its outlook for 2024.

Justin Sullivan/Getty Images

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People are spending less on things — and more on fun

by Savannah Peters

May 24, 2023

Consumers at almost every income level are finding ways to spend on getting out of the house.

Despite inflation, consumers have continued to spend on dining out, travel and other fun.

Justin Sullivan/Getty Images

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April retail sales data add confusion to an already confusing economy

by Kristin Schwab

May 16, 2023

Between the pandemic and its economic ripple effects, the consumer experience has been a wild ride.

While consumers are cutting back on buying big-ticket items like appliances, there’s still pent-up demand for services.

Joe Raedle/Getty Images

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GDP growth in the U.S. was sluggish last quarter

by Sabri Ben-Achour

Apr 27, 2023

Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.

Consumers are still buying things, but "inflation wears you down," warns Morning Consult's John Leer.

Spencer Platt/Getty Images

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Layoffs signal retailers are adjusting to more sharp turns

by Savannah Peters

Apr 17, 2023

Retailers like Walmart and Best Buy are cutting staff as consumers pull back on discretionary spending.

Retail sales had a weak showing in March, and stores like Best Buy and Walmart are laying off workers.

Ken Betancur/Getty Images

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Banks in Turmoil

Consumer confidence is up despite current bank troubles — will it last?

by Savannah Peters

Mar 21, 2023

Consumers haven't seen much reason to hold back.

According to a recent report from Ipsos, consumers are slightly uncertain about the future of the economy, even though consumer spending hasn't eased in the face of high interest rates and prices.

Patrick T. Fallon/Getty Images

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Silicon Valley Bank Collapse

Bank failures add another dose of anxiety to uncertain economy

by Mitchell Hartman

Mar 13, 2023

Viral terms like "bank run" do not help when we're already looking at high prices, rising interest rates and big layoffs in tech.

People line up outside a Silicon Valley Bank office in Santa Clara, California, on Monday. Worries were stoked by widespread news of bank failures, and some people received alarming emails from vendors associated with SVB.

Justin Sullivan/Getty Images

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For online shoppers, is too much variety a blessing or a curse?

by Kai Ryssdal

Feb 21, 2023

With thousands of items and products to choose from, consumers need to protect themselves from making the wrong purchase.

Sifting through the thousands of product choices online is getting harder.

Tom Cooper/Getty Images

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Workers are being more productive, a good sign for low-inflation growth

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Wage growth may be slowing, but consumers still have the power to spend

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Will inflation make consumers abandon their favorite brands?

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People are spending less on things — and more on fun

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April retail sales data add confusion to an already confusing economy

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GDP growth in the U.S. was sluggish last quarter

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Layoffs signal retailers are adjusting to more sharp turns

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Consumer confidence is up despite current bank troubles — will it last?

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Bank failures add another dose of anxiety to uncertain economy

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