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...
Category: Consumer Behavior
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...
Medicare Coverage Heading Into 2021 – Retirement Planning
With open enrollment upon us, millions of Americans will be deciding on which, if any, changes to make to their Medicare coverage. The Open Enrollment...
Uncertainty From Presidential Race Drove Volatility In October – Equity Overview
U.S. equities zigzagged throughout October as uncertainty surrounding the election and a second stimulus package instilled volatility. Global developed market equities declined in October as...
International Migration Plummets – International Dynamics
International migration plunged 46% over the past year as the pandemic has hindered mobility for millions of migrant workers worldwide. The Organization for Economic Cooperation...
Millennials Lagging Relative To Their Parents & Grandparents – Demographics
The Federal Reserve tracks and compiles data on all of the generational members which include the Silent, Baby Boomer, Gen X, and Millennials. The data...
Pandemic Shifts What Energy We Are Using – Consumer Energy Usage
COVID-19 has upended and completely altered the way we use energy. What has been conventional wisdom and consistent for decades has all changed in a...
Americans Saving More Amid Pandemic
Store and restaurant closures have prompted consumers nationwide to stay home, spend less, and save more. Dwindling consumer confidence along with uncertainty surrounding the job...