Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.
Category: Consumer Behavior
How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Walmart Holiday Shopping Plans Are Laid Months Before Black Friday
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.
Has the Spread of Tipping Reached Its Limit? Don’t Count on It.
Both major presidential candidates propose exempting tips from taxes. That could encourage more reliance on tipping, and leave workers vulnerable.
Fed’s Preferred Inflation Measure Cooled Overall in June
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
To Avoid an Economic Recession, Consumer Spending Is Key
Consumer spending has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
Stock Markets Signal Recession Fears. Here’s the Economic Outlook.
The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.
U.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate
Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates.
PepsiCo Chip Sales Drop as Prices Sting
PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.
Elon Musk’s Politics May Be Pushing Some Buyers Away From Tesla
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales.