#consumer-confidence

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#e-commerce

Temu owner misses sales forecast as Chinese economy slows

PDD Holdings faced disappointing sales and profit amidst economic slowdown and rising competition in China.

Are Insecure Consumers Crashing Your E-commerce Revenue?

Overwhelming options can paralyze consumers, driving them to inaction rather than engagement.

Brits shop like Liz Truss never happened - London Business News | Londonlovesbusiness.com

UK retail sales rose 0.3% in September, returning to July 2022 levels and demonstrating increased consumer confidence amid declining inflation.

Temu owner misses sales forecast as Chinese economy slows

PDD Holdings faced disappointing sales and profit amidst economic slowdown and rising competition in China.

Are Insecure Consumers Crashing Your E-commerce Revenue?

Overwhelming options can paralyze consumers, driving them to inaction rather than engagement.

Brits shop like Liz Truss never happened - London Business News | Londonlovesbusiness.com

UK retail sales rose 0.3% in September, returning to July 2022 levels and demonstrating increased consumer confidence amid declining inflation.
moree-commerce
#housing-market

Home purchase sentiment hits highest level in two years

Consumer confidence in home buying is at a two-year high but skepticism remains due to rising home prices.

Homebuilders are using more buyer incentives since the election

Consumer confidence in home buying increased after the 2024 election, leading to a rebound in sales activity, particularly with incentives for buyers.

Housing - The Wild Card Of The Economy Boston Condos For Sale Ford Realty

Housing is an unpredictable factor in the economy, especially amid recent changes in interest rates.

Home purchase sentiment hits highest level in two years

Consumer confidence in home buying is at a two-year high but skepticism remains due to rising home prices.

Homebuilders are using more buyer incentives since the election

Consumer confidence in home buying increased after the 2024 election, leading to a rebound in sales activity, particularly with incentives for buyers.

Housing - The Wild Card Of The Economy Boston Condos For Sale Ford Realty

Housing is an unpredictable factor in the economy, especially amid recent changes in interest rates.
morehousing-market
#uk-economy

Consumer confidence rises as inflation eases

UK consumer confidence has improved in October, nearing a 37-month high.

UK consumer confidence falls sharply amid fears of painful' budget

Consumer confidence in the UK is at its lowest since March amid concerns over upcoming government budget plans.

UK consumer confidence hit by budget gloom; Elon Musk not invited to UK investment summit' business live

UK consumer confidence has deteriorated amidst fears of tax rises in the upcoming budget.

UK businesses cutting staff at fastest rate since 2021 after budget

UK businesses are cutting staff at the fastest rate since the global financial crisis, driven by rising costs and weakened consumer confidence.

Chancellor makes switch from pain to gain

The Chancellor's speech marks a clear shift from austerity to a focus on long-term economic growth through investment and public spending.

Company insolvencies remain high and the outlook remains bleak for many businesses - London Business News | Londonlovesbusiness.com

Company insolvencies in England and Wales decreased in October 2024, but historical levels remain concerning amidst economic challenges.
The economic outlook for businesses is bleak, given rising costs and stagnant growth.

Consumer confidence rises as inflation eases

UK consumer confidence has improved in October, nearing a 37-month high.

UK consumer confidence falls sharply amid fears of painful' budget

Consumer confidence in the UK is at its lowest since March amid concerns over upcoming government budget plans.

UK consumer confidence hit by budget gloom; Elon Musk not invited to UK investment summit' business live

UK consumer confidence has deteriorated amidst fears of tax rises in the upcoming budget.

UK businesses cutting staff at fastest rate since 2021 after budget

UK businesses are cutting staff at the fastest rate since the global financial crisis, driven by rising costs and weakened consumer confidence.

Chancellor makes switch from pain to gain

The Chancellor's speech marks a clear shift from austerity to a focus on long-term economic growth through investment and public spending.

Company insolvencies remain high and the outlook remains bleak for many businesses - London Business News | Londonlovesbusiness.com

Company insolvencies in England and Wales decreased in October 2024, but historical levels remain concerning amidst economic challenges.
The economic outlook for businesses is bleak, given rising costs and stagnant growth.
moreuk-economy
#economy

Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

Britain faces a challenging economic outlook with rising inflation, stagnant growth, and low consumer confidence after the Labour Party's election victory.

Why It's So Hard for China to Fix Its Ailing Economy

China's economy faces a significant crisis, marked by a drastic fall in consumer optimism and substantial challenges in the property sector.

Why Are People So Down About the Economy? Theories Abound.

Americans feel negativity towards the economy despite optimistic indicators like job market and consumer spending.

Things are looking up for the economy. So why are consumers still unhappy?

Despite economic indicators showing improvement, consumer confidence has taken a significant hit, reflecting a disconnect between data and public sentiment.

Trump bump' fades, but consumer strength may propel stock market

Consumer confidence is rising, supported by job growth and higher wages, despite inflation concerns.
The post-election market rally indicates strong economic sentiment and a favorable outlook among investors.

August retail sales, consumer spending remains robust - London Business News | Londonlovesbusiness.com

Retail sales in Great Britain rose by 1% in August 2024, exceeding expectations and boosted by strong food and clothing sales.

Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

Britain faces a challenging economic outlook with rising inflation, stagnant growth, and low consumer confidence after the Labour Party's election victory.

Why It's So Hard for China to Fix Its Ailing Economy

China's economy faces a significant crisis, marked by a drastic fall in consumer optimism and substantial challenges in the property sector.

Why Are People So Down About the Economy? Theories Abound.

Americans feel negativity towards the economy despite optimistic indicators like job market and consumer spending.

Things are looking up for the economy. So why are consumers still unhappy?

Despite economic indicators showing improvement, consumer confidence has taken a significant hit, reflecting a disconnect between data and public sentiment.

Trump bump' fades, but consumer strength may propel stock market

Consumer confidence is rising, supported by job growth and higher wages, despite inflation concerns.
The post-election market rally indicates strong economic sentiment and a favorable outlook among investors.

August retail sales, consumer spending remains robust - London Business News | Londonlovesbusiness.com

Retail sales in Great Britain rose by 1% in August 2024, exceeding expectations and boosted by strong food and clothing sales.
moreeconomy
#retail

British retailer warns Reeves's budget will deliver a 50m 'punch in the face'

Frasers Group warns that Rachel Reeves's budget will add £50 million to costs, damaging consumer confidence and sales.

Shoe Zone highlights recent budget pressures as it prepares to close more stores

Shoe Zone blames recent budget measures for store closures due to heightened cost pressures and declining consumer confidence.

'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.com

Weaker consumer confidence has led Frasers to lower its profit forecast for the year.
Frasers reported a 10.5% decline in underlying profits due to reduced sales.

British retailer warns Reeves's budget will deliver a 50m 'punch in the face'

Frasers Group warns that Rachel Reeves's budget will add £50 million to costs, damaging consumer confidence and sales.

Shoe Zone highlights recent budget pressures as it prepares to close more stores

Shoe Zone blames recent budget measures for store closures due to heightened cost pressures and declining consumer confidence.

'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.com

Weaker consumer confidence has led Frasers to lower its profit forecast for the year.
Frasers reported a 10.5% decline in underlying profits due to reduced sales.
moreretail
#interest-rates

We're not in a recession. So why does it feel like we are?

The U.S. economy is surprisingly stable with promising indicators, although public sentiment does not reflect this positivity.

US consumer confidence hits 2023 highs - London Business News | Londonlovesbusiness.com

U.S. consumer confidence has risen significantly, signaling positive economic momentum heading into the holiday season.

Gold touches $2,500 an ounce - London Business News | Londonlovesbusiness.com

Gold reached historic highs of $2,500 per ounce due to economic uncertainty and weakened US indicators.
Consumer confidence increased despite a struggling economy, suggesting potential resilience in spending.

Mortgage rates are unlikely to drop even with another Fed cut

Federal Reserve's meeting will influence mortgage rates, with expectations of a 25 basis point cut, but rates may not change immediately.

Consumer confidence soars to a 6-month high in August

Consumer confidence is at a six-month high amid optimism, yet concerns about the labor market are rising due to increased unemployment.

The Fed Must Have Confident Consumers

The Federal Reserve prioritizes maintaining consumer confidence to prevent economic chaos.

We're not in a recession. So why does it feel like we are?

The U.S. economy is surprisingly stable with promising indicators, although public sentiment does not reflect this positivity.

US consumer confidence hits 2023 highs - London Business News | Londonlovesbusiness.com

U.S. consumer confidence has risen significantly, signaling positive economic momentum heading into the holiday season.

Gold touches $2,500 an ounce - London Business News | Londonlovesbusiness.com

Gold reached historic highs of $2,500 per ounce due to economic uncertainty and weakened US indicators.
Consumer confidence increased despite a struggling economy, suggesting potential resilience in spending.

Mortgage rates are unlikely to drop even with another Fed cut

Federal Reserve's meeting will influence mortgage rates, with expectations of a 25 basis point cut, but rates may not change immediately.

Consumer confidence soars to a 6-month high in August

Consumer confidence is at a six-month high amid optimism, yet concerns about the labor market are rising due to increased unemployment.

The Fed Must Have Confident Consumers

The Federal Reserve prioritizes maintaining consumer confidence to prevent economic chaos.
moreinterest-rates
#retail-sales

China's biggest shopping festival couldn't convince consumers to spend more money

China's retail sales grew 3% in November, missing expectations, signaling weak consumer confidence amid economic struggles.

Cyber Week breaks records while in-store foot traffic falters

Cyber Week online sales exceeded $41 billion, highlighting strong economic performance and consumer confidence in retail spending.

Gloomy start to Christmas peak as sales slump in October - London Business News | Londonlovesbusiness.com

Retail sales, especially online, fell in October, creating concern for the upcoming Christmas shopping season.

Welcome to the 'treat yourself' economy - where skincare and long hair rule

An increase in personal care spending indicates a growing consumer confidence and a shift towards indulgent purchases following economic challenges.

Mexican Peso keeps going down - London Business News | Londonlovesbusiness.com

The Mexican peso is declining significantly, influenced by both U.S. economic weakness and domestic challenges.

Pre-Budget uncertainty hits retail sales in October - London Business News | Londonlovesbusiness.com

Retail sales experienced a decline in October due to pre-Budget uncertainty and weak consumer spending, particularly in clothing.

China's biggest shopping festival couldn't convince consumers to spend more money

China's retail sales grew 3% in November, missing expectations, signaling weak consumer confidence amid economic struggles.

Cyber Week breaks records while in-store foot traffic falters

Cyber Week online sales exceeded $41 billion, highlighting strong economic performance and consumer confidence in retail spending.

Gloomy start to Christmas peak as sales slump in October - London Business News | Londonlovesbusiness.com

Retail sales, especially online, fell in October, creating concern for the upcoming Christmas shopping season.

Welcome to the 'treat yourself' economy - where skincare and long hair rule

An increase in personal care spending indicates a growing consumer confidence and a shift towards indulgent purchases following economic challenges.

Mexican Peso keeps going down - London Business News | Londonlovesbusiness.com

The Mexican peso is declining significantly, influenced by both U.S. economic weakness and domestic challenges.

Pre-Budget uncertainty hits retail sales in October - London Business News | Londonlovesbusiness.com

Retail sales experienced a decline in October due to pre-Budget uncertainty and weak consumer spending, particularly in clothing.
moreretail-sales
#california-economy

California vs. Trump: How will the economic sequel go?

California's economy thrived post-2016 election, showing resilience and growth despite political changes.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence surged 25% in September, contrasting sharply with a declining national outlook.
'Expectations' measurement shows significant optimism among Californians, reaching a 30-month high.

California consumer confidence plummets to 4-year low

California consumers' confidence is at its lowest since May 2020, reflecting widespread economic concern and a significant decline compared to pre-pandemic levels.

61% of Californians expect bad times for the economy

California consumers show optimistic sentiment, but polls reveal a strong expectation of bad financial times ahead, indicating a public opinion gap.

California vs. Trump: How will the economic sequel go?

California's economy is resilient and may not drastically change with a new president.

California shoppers get nervous as confidence tumbles to 2-year low

California's consumer confidence has significantly decreased due to the Federal Reserve's efforts to curb inflation.
Consumer expectations suggest a slight optimism despite the current economic downturn.

California vs. Trump: How will the economic sequel go?

California's economy thrived post-2016 election, showing resilience and growth despite political changes.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence surged 25% in September, contrasting sharply with a declining national outlook.
'Expectations' measurement shows significant optimism among Californians, reaching a 30-month high.

California consumer confidence plummets to 4-year low

California consumers' confidence is at its lowest since May 2020, reflecting widespread economic concern and a significant decline compared to pre-pandemic levels.

61% of Californians expect bad times for the economy

California consumers show optimistic sentiment, but polls reveal a strong expectation of bad financial times ahead, indicating a public opinion gap.

California vs. Trump: How will the economic sequel go?

California's economy is resilient and may not drastically change with a new president.

California shoppers get nervous as confidence tumbles to 2-year low

California's consumer confidence has significantly decreased due to the Federal Reserve's efforts to curb inflation.
Consumer expectations suggest a slight optimism despite the current economic downturn.
morecalifornia-economy

Moonpig slips into loss after 50m write-down hits experiences division

Moonpig faces significant challenges due to consumer hesitancy towards premium-priced gifts, resulting in a substantial financial loss.
The company is transforming its experiences division to introduce more affordable options as a response to market conditions.
#market-forecast

Global luxury goods market expected to shrink in 2025

Global luxury goods sales are expected to decline in 2025 for the first time since the Great Recession.

Donald Trump's Return Will Bring "A Lot More Volatility" To Business World, But "We'll Survive," Ad Agency Execs Say

Scott-Dawkins expresses optimism about tech growth despite anticipated volatility from new administration.
Letang believes pro-business GOP policies may support market consolidation despite uncertainties.

Global luxury goods market expected to shrink in 2025

Global luxury goods sales are expected to decline in 2025 for the first time since the Great Recession.

Donald Trump's Return Will Bring "A Lot More Volatility" To Business World, But "We'll Survive," Ad Agency Execs Say

Scott-Dawkins expresses optimism about tech growth despite anticipated volatility from new administration.
Letang believes pro-business GOP policies may support market consolidation despite uncertainties.
moremarket-forecast
#economic-outlook

Consumer confidence plummets as Labour warned over recession fears

Consumer confidence has declined significantly, driven by apprehensions about economic policy and potential tax increases, raising recession fears in Britain.

Stock market optimism rises despite Wall Street caution

Consumer sentiment shows growing optimism about the stock market despite economic uncertainties.

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

Markets signal recovery after Argentina's President Javier Milei's meeting with Trump - London Business News | Londonlovesbusiness.com

Argentina's consumer confidence improved in November 2024, signaling cautious optimism despite ongoing economic challenges and political instability.

Uncertainty over tax rises impacting consumer spending, warns Sainsbury's boss

Consumer uncertainty about potential tax increases is curbing significant purchases, especially on non-essentials.
Clarity in fiscal policies is essential for restoring consumer confidence according to Sainsbury's CEO.

California consumer confidence tumbles after Donald Trump's election

California's post-election consumer confidence dropped significantly, reflecting more on political sentiment than economic conditions.

Consumer confidence plummets as Labour warned over recession fears

Consumer confidence has declined significantly, driven by apprehensions about economic policy and potential tax increases, raising recession fears in Britain.

Stock market optimism rises despite Wall Street caution

Consumer sentiment shows growing optimism about the stock market despite economic uncertainties.

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

Markets signal recovery after Argentina's President Javier Milei's meeting with Trump - London Business News | Londonlovesbusiness.com

Argentina's consumer confidence improved in November 2024, signaling cautious optimism despite ongoing economic challenges and political instability.

Uncertainty over tax rises impacting consumer spending, warns Sainsbury's boss

Consumer uncertainty about potential tax increases is curbing significant purchases, especially on non-essentials.
Clarity in fiscal policies is essential for restoring consumer confidence according to Sainsbury's CEO.

California consumer confidence tumbles after Donald Trump's election

California's post-election consumer confidence dropped significantly, reflecting more on political sentiment than economic conditions.
moreeconomic-outlook
#black-friday

These are the retailers offering Black Friday guarantees

Retailers now offer Black Friday guarantees, allowing for price matching and refunds if prices drop after purchase, reducing buying anxiety.

Black Friday footfall up by 4.8% higher than in 2023 - London Business News | Londonlovesbusiness.com

Black Friday 2023 saw a significant increase in footfall, signaling consumer spending optimism amidst cautious confidence levels.

These are the retailers offering Black Friday guarantees

Retailers now offer Black Friday guarantees, allowing for price matching and refunds if prices drop after purchase, reducing buying anxiety.

Black Friday footfall up by 4.8% higher than in 2023 - London Business News | Londonlovesbusiness.com

Black Friday 2023 saw a significant increase in footfall, signaling consumer spending optimism amidst cautious confidence levels.
moreblack-friday
#us-dollar

Euro takes advantage of lower Treasury yields to counter continued weaker-than-expected data - London Business News | Londonlovesbusiness.com

The Euro is witnessing a slight rise against the US Dollar amid ongoing economic challenges in the Eurozone, particularly Germany.

Dollar steady as market anticipates fewer rate cuts - London Business News | Londonlovesbusiness.com

The U.S. dollar stabilized as traders reassess positions due to economic data and political developments influencing Federal Reserve policy.

Euro takes advantage of lower Treasury yields to counter continued weaker-than-expected data - London Business News | Londonlovesbusiness.com

The Euro is witnessing a slight rise against the US Dollar amid ongoing economic challenges in the Eurozone, particularly Germany.

Dollar steady as market anticipates fewer rate cuts - London Business News | Londonlovesbusiness.com

The U.S. dollar stabilized as traders reassess positions due to economic data and political developments influencing Federal Reserve policy.
moreus-dollar

Consumer confidence 'since the Budget' is a blow for retailers - London Business News | Londonlovesbusiness.com

Consumer confidence remains weak as retailers brace for Christmas, influenced by economic concerns and increased costs from the Autumn Budget.

UK Reconsiders EV Targets

The UK government is reconsidering its ambitious electric vehicle sales targets due to pushback from automakers over costs and demand issues.
#google-lens

Google Lens For In-Store Searches

Google Lens enhances in-store shopping by providing product insights through image recognition.

Google Lens will now help you decide what to buy in-store

Google Lens enhances shopping by providing in-store product details through image recognition technology, improving customer confidence while purchasing.

Google Lens For In-Store Searches

Google Lens enhances in-store shopping by providing product insights through image recognition.

Google Lens will now help you decide what to buy in-store

Google Lens enhances shopping by providing in-store product details through image recognition technology, improving customer confidence while purchasing.
moregoogle-lens
#market-trends

UK retail sales rise unexpectedly in September despite economic uncertainties

UK retail sales rose unexpectedly in September as consumers increased spending on technology despite economic uncertainties.

Experts say Trump's tariffs could corrode the already struggling luxury-goods market, which is expected to shrink for the first time since the Great Recession

Global sales of personal luxury goods are expected to shrink in 2025, potentially impacted by tariffs and global economic challenges.

UK retail sales rise unexpectedly in September despite economic uncertainties

UK retail sales rose unexpectedly in September as consumers increased spending on technology despite economic uncertainties.

Experts say Trump's tariffs could corrode the already struggling luxury-goods market, which is expected to shrink for the first time since the Great Recession

Global sales of personal luxury goods are expected to shrink in 2025, potentially impacted by tariffs and global economic challenges.
moremarket-trends

Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?

Voters are focused on the economy but remain pessimistic despite positive indicators like low inflation and healthy job growth.

Ray of hope': German economy grows 0.2% ending recession fears

Germany's economy grew 0.2% in Q3, alleviating recession fears and lifting eurozone growth.
#labor-market

There's a new reason people feel bad about the economy

Consumer confidence dropped significantly in September due to concerns about the labor market overshadowing inflation worries.

Market thoughts: A jolt from the JOLTS report - London Business News | Londonlovesbusiness.com

September JOLTS data indicates significant labor market shifts influenced by external weather events, revealing complexity in interpreting employment statistics.

There's a new reason people feel bad about the economy

Consumer confidence dropped significantly in September due to concerns about the labor market overshadowing inflation worries.

Market thoughts: A jolt from the JOLTS report - London Business News | Londonlovesbusiness.com

September JOLTS data indicates significant labor market shifts influenced by external weather events, revealing complexity in interpreting employment statistics.
morelabor-market
#sales-decline

McDonald's says E. coli outbreak linked to Quarter Pounder hit sales

McDonald's faces challenges with sales and customer visits declining due to health concerns but aims to restore consumer confidence swiftly.

China's luxury market has been in a slump, and we're about to find out how bad it really is

China's luxury market faces its worst quarter in four years, despite aggressive stimulus measures.

It looks like the glory days of luxury are over for LVMH, at least for now

LVMH experienced a 3% decline in sales, primarily due to decreased luxury demand from Chinese consumers.

McDonald's says E. coli outbreak linked to Quarter Pounder hit sales

McDonald's faces challenges with sales and customer visits declining due to health concerns but aims to restore consumer confidence swiftly.

China's luxury market has been in a slump, and we're about to find out how bad it really is

China's luxury market faces its worst quarter in four years, despite aggressive stimulus measures.

It looks like the glory days of luxury are over for LVMH, at least for now

LVMH experienced a 3% decline in sales, primarily due to decreased luxury demand from Chinese consumers.
moresales-decline
#economic-indicators

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

U.S. stocks set record highs due to China's economic stimulus and AI advancements, despite a decline in consumer confidence signaling potential recession risks.

Markets at all time high - London Business News | Londonlovesbusiness.com

U.S. indices reached record highs amidst declining consumer confidence, raising concerns about the real economy and investor sentiment.

Inflation rates show Biden is gaslighting Americans on the economy

Inflation remains high despite a slight ease in Consumer Price Index numbers.

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

U.S. stocks set record highs due to China's economic stimulus and AI advancements, despite a decline in consumer confidence signaling potential recession risks.

Markets at all time high - London Business News | Londonlovesbusiness.com

U.S. indices reached record highs amidst declining consumer confidence, raising concerns about the real economy and investor sentiment.

Inflation rates show Biden is gaslighting Americans on the economy

Inflation remains high despite a slight ease in Consumer Price Index numbers.
moreeconomic-indicators

Augmented Reality Marketing: Benefits, Use Cases, Examples (2024) - Shopify

Augmented reality enhances online shopping experiences by allowing customers to interact with products virtually, increasing their confidence and boosting conversion rates.

Gold nears highs as market anticipates Fed rate cuts - London Business News | Londonlovesbusiness.com

Gold remains strong due to expectations for monetary easing and rising geopolitical tensions, which support its safe-haven status.

Is gold facing a historic peak or an imminent correction? - London Business News | Londonlovesbusiness.com

Gold prices have soared to a record high due to declining consumer confidence and economic uncertainties, raising questions about sustainability and future trends.
#economic-trends

California bankruptcies jump 25% in a year to 4-year high

Californians are facing increased financial stress, indicated by a rise in bankruptcy filings and foreclosures this summer.

House prices rise for the first time in three months

UK house prices rose by 0.4% in May following a drop in April, with an annual growth rate of 1.6%. Consumer confidence attributed to increased wages and decreased inflation.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence rebounded sharply in September, marking a notable contrast to declining national trends.

Grey summer ends with 1.3% growth for hospitality groups in August - London Business News | Londonlovesbusiness.com

UK hospitality groups saw a small sales growth of 1.3% in August 2024, despite disappointing weather and ongoing economic challenges.

California bankruptcies jump 25% in a year to 4-year high

Californians are facing increased financial stress, indicated by a rise in bankruptcy filings and foreclosures this summer.

House prices rise for the first time in three months

UK house prices rose by 0.4% in May following a drop in April, with an annual growth rate of 1.6%. Consumer confidence attributed to increased wages and decreased inflation.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence rebounded sharply in September, marking a notable contrast to declining national trends.

Grey summer ends with 1.3% growth for hospitality groups in August - London Business News | Londonlovesbusiness.com

UK hospitality groups saw a small sales growth of 1.3% in August 2024, despite disappointing weather and ongoing economic challenges.
moreeconomic-trends

PPG and Glidden Declare Purple Basil as 2025 Color of the Year

Purple Basil is gaining popularity as consumers embrace bold colors that reflect their personal joy and style.
#economic-policy

UK debt hits 100% of GDP, the highest level since 1960s

UK national debt has hit 100% of GDP, marking the highest level since the 1960s and posing significant challenges for the government.

The Guardian view on Rachel Reeves' speech: when troubling evidence can't be wished away | Editorial

Rachel Reeves is shifting from a cautious approach to a more optimistic governmental vision for economic recovery.
Her speech reflects Labour's intent to regain consumer confidence and redefine fiscal policy.

UK debt hits 100% of GDP, the highest level since 1960s

UK national debt has hit 100% of GDP, marking the highest level since the 1960s and posing significant challenges for the government.

The Guardian view on Rachel Reeves' speech: when troubling evidence can't be wished away | Editorial

Rachel Reeves is shifting from a cautious approach to a more optimistic governmental vision for economic recovery.
Her speech reflects Labour's intent to regain consumer confidence and redefine fiscal policy.
moreeconomic-policy
from Los Angeles Times
3 months ago

California legal weed industry in tumult after Times pesticide investigation

California's cannabis industry is in turmoil due to pesticide contamination scandals, leading to a decline in consumer confidence and legal market sales.

Over the Years, He Has Come to Love Watches

The Swiss watch industry is facing significant challenges in 2024 due to declining exports to China and Hong Kong.

UK trust in banks trails Europe and the US, with concerns over safety of financial information - London Business News | Londonlovesbusiness.com

UK consumers exhibit low trust levels in banks regarding data security, with only 53% expressing confidence.
Younger UK adults (18-34) show the least trust in banks, impacting their data-sharing willingness.

Campaign across the UK cycling industry aims to increase e-bike battery safety

The 'e-bike positive' campaign aims to enhance e-bike battery safety awareness and boost consumer confidence in e-bike purchases.
from www.housingwire.com
4 months ago

Mortgage rates drop to lowest level of 2024

The 30-year fixed-rate mortgage hit a new low of 6.62% in 2024, influenced by the expectation of a Federal Reserve interest rate cut in September.

Consumer Confidence: What It is & How It Works

Gaining consumer confidence is vital for brand success, affecting buying decisions and business growth.

Logistics Report: Shein's U.S. Strategy Unraveling; Activist Investor Targets Forward Air

Consumer confidence in the US rose in May after months of decline.
Supply chains face various challenges such as port congestion, delays, and pirate attacks.
Companies like Toyota and Bank of America are focusing on sustainability and efficiency in their operations.
Global shipping industry updates include changes in ownership and delays in key ports.

FTSE 100 retreats after striking another intraday record

FTSE 100 rally halted by global pessimism, despite strong initial gains from companies like Whitbread and HSBC.
US consumer confidence data impact main indexes, while a China factory activity slowdown affects European trading.
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