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 sector. The inability of consumers to spend freely ...

Published On: January 19, 2021Categories: Consumer Behavior, Economy
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 tracked by the Labor Department revealed that higher ...

Published On: January 15, 2021Categories: Consumer Behavior, Industry
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 never reached over the past ten years. Stores ...

Published On: January 8, 2021Categories: Consumer Behavior, Economy
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 Period for 2021 coverage is from November 1, ...

Published On: December 10, 2020Categories: Consumer Behavior, Consumer Health, Financial Planning
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 earnings became more of a concern among companies ...

Published On: November 23, 2020Categories: Consumer Behavior, Economy
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 and Development (OECD) tracks the issuance of new ...

Published On: November 23, 2020Categories: Consumer Behavior, Economy
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 is revealing that the millennial generation, born between ...

Published On: November 23, 2020Categories: Consumer Behavior, Economy
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 matter of months. For the first time since ...

Published On: November 10, 2020Categories: Consumer Behavior
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 market, has shifted many from a spending mode ...

Published On: October 16, 2020Categories: Consumer Behavior
Less Choices for the Consumer
In response to the COVID-19 pandemic, American consumer choices have changed in the realm of diet, food preparation, and lifestyle habits. The transition into at-home cooking as a means of financial saving and ...

Published On: September 10, 2020Categories: Consumer Behavior