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What recession fears? Consumers shopped up a storm in January

Feb 15, 2023
We spent despite being whipsawed by economic news. Raises and slowing inflation helped.
Because of a surplus of inventory, consumers can continue to expect markdowns from retailers.
Frederic J. Brown/AFP via Getty Images

Consumers seem pretty happy with their own finances. But they're worried about the economy.

Feb 10, 2023
Higher interest rates and inflation still spark anxiety. But wages have grown, and some have a greater feeling of financial security.
Despite the burden of inflation, some consumers still feel upbeat about their personal economies.
Luis Robayo/AFP via Getty Images

Retail is recovering — and flowering — in smaller cities and the suburbs

Feb 1, 2023
A new report from the JPMorgan Chase Institute finds retail has followed consumers to where many more now work and live.
Consumers are continuing to spend — just closer to home. Above, people walk at an outdoor shopping area in Alpharetta, Georgia.
Jessica McGowan/Getty Images

Some consumers more upbeat as inflation moderates

Jan 30, 2023
The University of Michigan's sentiment survey rose 9% in January, though it's still near decade-lows.
Consumer sentiment registered an uptick in the University of Michigan's latest survey, but buyers remain wary about the economy as a whole.
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As our online behavior changes, companies spend less ad money on Google and Meta

Jan 4, 2023
Part of the reason: Social media platforms like TikTok are changing the way we shop online.
While Google is still a big part of the ad business, people are turning to sites like Amazon "as a product search engine instead," said Sucharita Kodali, a retail analyst at Forrester.
Fabrice Coffrini/AFP via Getty Images

The "sneaky practice" of shrinkflation has been driving up your grocery bills for years

Jan 4, 2023
Shrinkflation means getting less product for the same price, and it's not going away anytime soon.
Shrinkflation is a tactic manufacturers use to pass on price increases to consumers. For instance: quietly reducing the number of squares of toilet paper per roll.
Olivier Douliery/AFP via Getty Images

Consumers have kept the economy humming. How long can they keep it up?

Dec 20, 2022
Although they're contending with inflation and economic uncertainty, they continue to rack up debt and burn through their savings.
With consumers racking up debt and burning through savings, economists expect a pullback in spending.
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For public good, not for profit.

Consumer credit is up almost 7% since this time last year

Dec 8, 2022
Credit card balances alone were up 15% in the third quarter. Higher prices for necessities and higher interest rates are contributing factors.
Credit card balances alone were up 15% in the third quarter.
Olivier Douliery/AFP via Getty Images

Americans are saving little — while they spend up a storm

Dec 1, 2022
The personal saving rate declined in October to its lowest point since 2005. "A lot of people are close to the edge, unfortunately," an analyst says.
Consumers are increasingly dipping into their savings to pay for things — including basic expenses.
Jessica McGowan/Getty Images

Consumers are worried about the economy. They're also spending up a storm.

Nov 30, 2022
They don't like the inflation rate, but they do like the current job market.
The strong job market is keeping consumers’ wallets open, despite high prices and concerns about a possible upcoming recession.
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