consumer spending

Strong Retail Sales Setting Up for 2017 Holiday Season

Is it possible that the traditional brick-and-mortar retail stores finally will not have a disappointing holiday spending cycle at the end of 2017? The chipping away by Amazon has been ...
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Halloween Spending to Reach Record $9.1 Billion, Says Retail Group

Americans plan to spend $9.1 billion on Halloween-related items and activities this year, an increase of 8.3% from last year’s record of $8.4 billion, according to survey findings published this ...
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Deloitte Forecasts Holiday Spending Increase of Up to 4.5% Amid Economic Optimism

Total retail holiday sales are expected to climb 4.0% to 4.5% this year, according to Deloitte’s annual holiday retail forecast released Wednesday, reflecting a strengthening economy, a robust labor market ...
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Nearly Half of Americans Plan to Make Substantial Purchase This Year

Nearly half of Americans say they are very likely to make a considerable purchase — an airline ticket, furniture, a computer, a smartphone, a computer or home appliance — before ...
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Personal Income and Spending Add to Weak Inflation Malaise

There is yet another disappointment on the inflation front, one weak enough that it may be one more thorn in the side of the Federal Reserve and Chair Janet Yellen ...
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Inflation and Retail Sales Continue to Disappoint

Earlier this week Federal Reserve Chair Janet Yellen signaled in her congressional testimonies that the Federal Open Market Committee's rate hikes may already be closer to an end. Yellen also ...
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9 American Businesses That Amazon and Jeff Bezos Will Never Target

It is no secret that Amazon Prime Day is a big deal in retail. It may not be a new Valentine's Day, but it is certainly yet another non-Amazon retail ...
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Study Shows Alaskans Spend Most on Drugs per Day

A new report details the extent of Americans’ drug consumption, which are the narcotics of choice, which states' residents spend the most to get the drugs and what some people ...
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Americans Will Spend $7.1 Billion on July 4th Celebrations

The National Retail Federation (NRF) expects the 219 million Americans who will celebrate the 4th of July holiday weekend to spend a total of $7.1 billion. That is up from ...
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As Household Debt Hits New Highs in 2017, Serious Delinquency Rates Are Rising

The Federal Reserve Bank of New York has released its Household Debt and Credit Report for the first quarter of 2017. While the economy has been recovering and while things ...
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Easter Spending Expected to Reach $18 Billion

Although its lags behind the big year-end holidays, Easter is a boom time for many retailers. Consumers will spend $18.4 billion on Easter this year, up 6% to an all-time ...
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St. Patrick’s Day in 2017 to Set Record for Economic Impact

It is St. Patrick's Day in 2017. While many of us will be out celebrating at some point on Friday, St. Patrick's Day actually makes for a significant economic contribution. ...
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Student Debt

American Household Debt Almost Back at Pre-Recession Levels

The Federal Reserve Bank of New York's Center for Microeconomic Data has released its reading for the level of household debt for the fourth quarter of 2016. As the headline ...
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Cash register

Are Inflation and Consumer Spending Already Petering Out?

If you grew up any time prior to recent years, you might wonder why on earth anyone ever wants inflation to come back. The reality is far more complex, and the scare ...
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Retail

Personal Income, Spending Flatten in November

The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) reported Thursday morning that personal income increased month over month by less than 0.1% in November, after rising 0.5% in ...
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