consumer spending


Very Differing Views on 2014 Holiday Retail Sales Growth Expectations

We have seen swings in consumer sentiment and we have seen swings in economic reports while the rest of the world has been seeing a slowdown. Now the big question ...
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FedEx Corporation logo

FedEx Predicts Record Holiday Season Shipments

Package delivery service FedEx Corp. (NYSE: FDX) said on Wednesday that it expects global shipments to rise 8.8% during this year’s holiday season to a total of more than 290 ...
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holiday shopping

The Rich Plan to Spend More This Holiday Season

The top 10% of U.S. households measured by household income will spend about $21.6 billion on holiday gifts this year. That is more than 30% of the total of $77.5 ...
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Attention Shoppers: Black Friday Now Lasts a Month

As the calendar creeps closer to Halloween, more U.S. consumers begin online research on products they want to consider buying for the holidays. Retailers kicked off their holiday shopping season ...
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Starbucks Organic Milk

What Would a Move to Organic Milk Cost Starbucks (and Us)?

Starbucks Corp. (NASDAQ: SBUX) may soon find itself in a media swarm at the same time that its shares have pulled back handily from recent highs. Howard Schultz and his ...
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Personal Income and Spending Gain for August

The U.S. Commerce Department has released its report on personal income and spending for the month of August. Personal income rose by 0.3% and consumer spending rose 0.5%. Both reports ...
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apple iphone 6 intro

iPhone 6 eBay Auctions Reach Mega-Premium Price Craze

After this week's unveiling of the coming iPhone 6, Tim Cook and Apple Inc. (NASDAQ: AAPL) are almost assured to have a mega-hit on their hands. In fact, the larger ...
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Mobile wallet

Long-Term Risks and Opportunities for Banks From Apple Pay

Fitch Ratings is among the many firms opining what the new Apple Pay will mean to the consumer market, and ultimately it has risks and rewards alike for banks and credit ...
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RBC Says These Top Stocks to Benefit the Most From Apple Pay

Clearly, after many years of the same old same old, Tim Cook and the team at Apple Inc. (NASDAQ: AAPL) were not only needing to generate new buzz, they had ...
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What Express and Premium Store Launches Can Mean for Starbucks

Starbucks Corp. (NASDAQ: SBUX) announced last week that the company is planning on expanding its stores worldwide by 1,550 this year and by 1,600 in the coming fiscal year. It ...
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credit cards

Decline in Consumer Spending Raises Concern for Deflation

In its report on personal income and spending for July, the U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.2% month-over-month, and personal ...
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States With the Most Big Spenders

Consumer spending habits reflect the financial health of the nation’s households, yet vary widely across the United States. In 2012, Americans spent $35,498 per capita, a 3.3% increase from ...
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Empty Shelves

Business Inventories Buildup Brings Weaker Expectations

The Commerce Department reported on Wednesday that Business Inventories were up by 0.4% for the month of June. The consensus estimate of economists polled by Bloomberg was spot on at ...
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SeaWorld Clubs its Shareholders on Earnings

SeaWorld Entertainment Inc. (NYSE: SEAS) has had its share of problems as the public heard criticism of its treatment of captive animals. Now, it seems these problems are directly impacting ...
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July Retail Sales Get Third Quarter Off to a Bad Start

Retail sales did not have much to show for in the first month of the third quarter. The Commerce Department reported Wednesday that retail sales were flat at 0.0% change ...
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