Tag: Consumer Spending
PCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge
On paper, the July personal income and outlays report on Friday looked solid. Personal income rose 0.4% on a monthly basis, spending increased 0.5%,...
‘Consumers are going to be shocked’: An expiring tariff exemption for goods under $800 is about to throttle the world of e-commerce
NEW YORK (AP) — U.S. consumers have gotten used to shopping the world without paying customs duties on the international packages they receive from big e-commerce...
Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers
McDonald’s has been struggling to hold on to its low-cost image. Now fast food’s largest brand is trying to fix what many of its...
MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now, manufacturing platform CEO says
U.S. consumer packaged goods (CPG) giants are racing to get ahead of President Donald Trump’s Make America Healthy Again movement. Looming food regulatory changes...
Wayfair CFO says sellers on the company’s $12 billion marketplace are trying to ‘insulate’ customers from tariffs
The home goods category has seen its share of twists and turns over the past five years: a pandemic-era boom and then a slump...
Gen Z was growing obsessed with luxury watches. New tariffs on Switzerland could cool the expensive hobby
Gen Z’s fascination with luxury watches has been one of the more surprising consumer trends of the last few years. But a steep tariff...
The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald Trump’s tariffs, which are starting...
In this economy, even the affluent are a ‘more cautious consumer,’ Sweetgreen CEO warns. Chipotle and Cava are hurting too
Chipotle, Cava, and Sweetgreen are all confronting a marked consumer spending slowdown in 2025, evident in disappointing sales, flat or declining customer traffic, and...
The gap between higher and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says
America’s consumer economy showed renewed signs of strength in July, but the gains are not being shared equally. According to the Bank of America...
Gen Alpha has surpassed $100 billion in spending power from side hustles and bankrolling parents—and Roblox and Nike are among the big winners
Members of Gen Alpha are too young to drive themselves to a store or open up a credit card in their own names—but that...