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Numerator: Consumer Recessionary Concerns Affecting Spending Plans

Numerator: Consumer Recessionary Concerns Affecting Spending Plans

by Mike Duff | Dec 21, 2022 | Retail Articles

According to research by market research firm Numerator, the outlook for consumer spending in 2023 may be less than rosy, as 72% of participants in a study believe the United States is already in a recession, even though it has not been officially declared. Gen Z,...
First Insight: Consumers Making Changes As Inflation Bites

First Insight: Consumers Making Changes As Inflation Bites

by Mike Duff | Jun 1, 2022 | Featured News, Retail Articles

A new First Insight report, The State of Consumer Spending: Inflation Impacting Consumer Confidence indicates that consumers are coping with the rapidly rising costs of everything from gasoline to groceries but are becoming increasingly uncertain about prospects for...
Visa: Consumer Spending Strong But Headwinds Tell

Visa: Consumer Spending Strong But Headwinds Tell

by Mike Duff | Jan 14, 2022 | Retail Articles

The Visa U.S. Spending Momentum Index came in at 108.4 in December seasonally adjusted, its strongest reading for the month since the index launch, but it’s not all good news as discretionary spending momentum softened. For the last three months of 2021, the SMI was...
NRF: Pandemic Concerns Boost September Retail Sales

NRF: Pandemic Concerns Boost September Retail Sales

by Mike Duff | Oct 18, 2021 | Featured News, Retail Articles

Retail sales advanced in September despite supply chain disruptions and inflation as worries about the COVID-19 Delta variant pushed consumer spending toward merchandise rather than services such as dining, entertainment or travel, the National Retail Federation...
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