Quotes from the news wire:
Consumers are still going out to eat, but perhaps some diners are moving down the price curve from upscale full-service dining experiences toward more humble fast-casual options.
Found on CNN 3 years ago
Squaring this nominal increase in shipments with the run-up in producer prices for private capital goods takes away some of the optimism.
Found on Reuters 3 years ago
Third quarter consumer spending is on track for only a scant gain, if COVID cases keep falling and sentiment turns positive, there is scope for a more solid finish to this tumultuous year.
Found on Reuters 3 years ago
Last summer parents were trying to get their hands on basketball hoops and trampolines, and spending more time working in the yard or fixing up the house, this summer, the kids are headed back to camp or the family is ready to hit the road.
Found on Reuters 3 years ago
The problem continues to be sourcing the input components and the skilled workers that remain in short supply, but there is evidence that the logjam is beginning to break up.
Found on Reuters 3 years ago
The days of spending money online and splurging on durable goods and home furnishings is pivoting toward getting ready for trips to see grandma and grandpa at the lake or the beach and evenings out reconnecting with friends at bars and restaurants.
Found on Reuters 3 years ago
Yet unlike in 2008, demand is far from wavering, that has put manufacturers in a better position to pass on costs than see their margins squeezed.
Found on Reuters 3 years ago
Goods spending has clearly rolled over, and we anticipate the pull-forward in demand in the second half of last year will also weigh on consumption of goods at the start of this year, we do not anticipate spending to pick up significantly until a vaccine is widely administered.
Found on Reuters 3 years ago
The current crisis means change is afoot, a record-shattering increase in jobless claims suggests that transfer payments will likely be the only facet of income rising in the months ahead.
Found on Reuters 4 years ago
We are in store for a moderation in the pace of consumer spending, not a collapse.
Found on Reuters 5 years ago
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