#spending-trends

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fromBusiness Insider
3 weeks ago

There's a spending split between Americans, and it's popping up from McDonald's to Uber

US consumer spending shows a split between wealthier and low-income groups, with affluent consumers increasing spending.
Retail earnings reflect a growing economic divide among different income levels functioning in the consumer market.
fromFortune
1 month ago

The economy enters its budget shopping era, with consumers doubling down on value even as they ramp up spending

A recent Bank of America Institute note spotted a contradiction: While data shows customers increasing spending at restaurants recently, when surveyed, shoppers said they actually cut spending on dining out. They explain this by deal-hunting: Diners still went out, but scaled down the types of restaurants they visited to get more bang for their buck.
E-Commerce
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