Food Prices On The Rise – Consumer Inflation
The price of food, from oranges to eggs to meat, increased at an annual rate of 3.9% in 2020 according to the Bureau of Labor...
Category: Consumer Behavior
Which Workers Are Calling In Sick
A growing number of U.S. workers are calling in sick to work as the fear of COVID infections has escalated for the past few weeks....
How Lending Standards Affect Consumers – Finance & Lending Overview
Even before the pandemic materialized, banks and finance companies were already starting to tighten lending standards. The low rate environment for the months leading up...
What People Are Doing With Their Stimulus Payments – Consumer Behavior
Surveys done each week by the U.S. Census Bureau are detailing what Americans are doing with their stimulus payments. Data gathered from various stimulus recipients...
Workers Hesitant To Quit During Pandemic – Worker Confidence
Confidence among workers to freely leave and quit their current job has historically been an indicator of the current condition of the labor market. As...
Higher Laptop Sales In Europe
Work habits and patterns have not only changed in the United States but have also been altered in Europe, where work at home has become...
Consumers Expect Inflation To Rise – Inflationary Pressures
Even though traditional government data has current inflation at 1.2%, consumers have a different perspective with higher inflation expectations. The Federal Reserve Bank of New...
Consumers Using Credit To Spend – Consumer Credit
Spending at stores essentially stalled in late March and April, as restrictions imposed to confront the spread of COVID-19 took its toll on the retail...
Ability To Work From Home Tied To Income – Labor Market Update
As stay at home mandates came into effect throughout the country, companies scrambled to migrate their management teams and essential employees to home offices. Data...
Grocery Store Sales Take Off In 2020 – Consumer Behavior
As restrictions surrounding restaurants and dining out set in due to the pandemic, consumers instead headed to grocery stores. Sales at grocery stores surpassed levels...