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Circana: Consumers Took Discretionary Spending ‘Vacation’ in July

Circana: Consumers Took Discretionary Spending ‘Vacation’ in July

by Mike Duff | Aug 22, 2024 | Retail Articles

Consumers aren’t ready to dive in to discretionary spending at this point, although a state of equilibrium seems to be merging across the consumer packaged goods and general merchandise sectors, according to market researcher and advisor Circana. Total retail sales in...
Circana: Consumer Spending Focused on Immediate Needs

Circana: Consumer Spending Focused on Immediate Needs

by Mike Duff | Mar 25, 2024 | Retail Articles

In February 2024, U.S. retail sales revenue, including discretionary general merchandise and consumer packaged goods, remained flat as units declined 1% versus the same month in 2023, according to Circana. Discretionary general merchandise spending declines continued,...
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,...

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