Consumers cautiously approach holiday spending as mood slumps: McKinsey

More individuals express mixed feelings about the economy, highlighting how economic pressures are taking a toll on consumer confidence,” McKinsey said. Read More

Inflation, tariffs weigh on consumers as holiday shopping season starts early

Due to lingering inflation and uncertainty around tariffs, consumers are concerned that holiday gifts will be more expensive this year, several reports show. Read More

How inflation could impact your holiday shopping

According to the new Consumer Price Index report, inflation is up nearly 3%, impacting gift items such as apparel and air fares as early holiday shopping season begins. Read More

Gen Z shoppers plan to pull back on holiday gift-giving. Why?

Simon-Kucher also has a new holiday shopping report, which surveyed consumers in July, and is forecasting Gen Z shoppers to reduce their holiday shopping budget by only 1%, from $814 to $805, while ... Read More

Gen Z slashes holiday budgets ahead of shopping season

Other generations aren't likely to spend much more, either, given the tight job market and persistent inflation, according to a survey. Read More

American consumers are getting nervous about inflation again. For now, they’re still spending

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs. But consumers remain skittish over ... Read More

Consumer Sentiment Dips on Inflation Worries

The preliminary index of consumer sentiment for August from the University of Michigan fell in August for the first time in four months as Americans worried about inflation. The overall index declined ... Read More

Tariffs have yet to significantly impact consumers, report finds

American consumers continue spending at consistent levels, but many remain ready to cut non-essential expenses if economic conditions worsen. Confidence in personal finances is fading, with 23% ... Read More

Consumers Faced Higher Inflation in August as Housing, Groceries Spike

In particular, prices for housing increased 0.4% in August, while the cost of groceries went up by 0.6%. The increase in prices of necessities means consumers will continue to be squeezed as the pace ... Read More

Consumer Sentiment Fades As Inflation Fears Return

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ... Read More