consumer spending

Purchasing, Credit Card, Sales Tax Concept

Americans to Add $103 Billion to Personal Debt This Holiday Season

More than 245 million Americans are planning to spend a cumulative total of $181.2 billion during the 2016 holiday season. But nearly two-thirds (64%, or over 157 million people) are ...
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Selecting Ties

Who Really Makes Household Spending Decisions?

When asked who makes the household decisions about buying clothes and groceries and holiday gifts, women overwhelmingly say that they do. Men, however think that they have an equal role ...
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Shoppers

Retail Sales Off to Strong Start in Q4, a Good Sign for GDP

Retail sales managed to grow more than expected in the month of October, rising 0.8% on the headline number. Bloomberg and Dow Jones (Wall Street Journal) both had their consensus ...
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Consumers Look to Rack Up Credit Card Rewards This Holiday Season

The holiday season is just around the corner and consumer spending is ramping up more and more as we approach Black Friday. In fact, a large number of consumers are ...
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Samsung logo

Samsung’s 2.8 Million Washing Machines Recall Could Dwarf Galaxy Note 7 Recall

When things go wrong inside of companies, they often go really wrong. When Samsung's Galaxy Note 7 smartphone started catching on fire, the hope was that they would be fixed. ...
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departures

Thanksgiving Travelers to Hit 27.3 Million

There are roughly 315 million people in the United States. Some are too sick to fly. Some live too far from airports for flying to be practical. However, that leaves ...
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Money close-up

Personal Income Gain Lags as Spending Rises and Savings Rate Drops

The U.S. Department of Commerce's Bureau of Economic Analysis has released one more look at what is happening at the individual level inside the U.S. economy. Personal income and outlays ...
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piggy bank

How the Personal Savings Rate Stacks Up Against GDP Gain

When the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) released its third-quarter preliminary gross domestic product (GDP) figure, there were many exceptions to consider behind the seemingly strong ...
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gifts

Forecast for $1 Billion in 53 Days of Online Holiday Sales

Some of the key takeaways from the Adobe 2016 Digital Insights Shopping Predictions and Mobile Retail Trends Report: Extended holiday season: 53 consecutive days (57 total) that will each exceed $1B ...
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Halloween

Halloween Candy Spending per Household at $30.60

Candy companies will have a good Halloween, as will trick-or-treaters. According to new research, the average household will spend $30.60 for Halloween candy. IHS Markit reports on Halloween spending: Americans ...
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Shoppers

Nearly 140 Million People Hate Thanksgiving Store Openings

The Thanksgiving weekend, which includes Black Friday, has bedeviled large retailers. Do they open Thanksgiving night, or at midnight going into Friday? Do they pressure workers to work when they ...
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lottery balls

As Powerball Lottery Hits $151 Million, 12 Things Not to Do If You Win

The Powerball jackpot has quietly risen to $151 million, and the drawing is set for Saturday, October 22, 2016. While this $151 million is an annuity value, the discounted cash ...
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retail recession

Are Retail Sales Really Making a Recovery?

It appears that retail sales in September showed a bit of a comeback after a disappointing August. This may fly in the face of the retail sales we have seen from some ...
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Money wallet, income copy

Personal Income Rises for August, Spending Not So Much

The Bureau of Economic Analysis (BEA) has released its reading for personal income and spending for the month of August. Personal income increased by $39.3 billion, or by 0.2%, and ...
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money

12 Ways to Save Hundreds (or Thousands) of Dollars per Year at Restaurants

Whether you cook at home a lot or not at all, chances are still pretty high that you and your family still spend a lot of money dining out each ...
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