You Searched For "Consumer Spending" and got 20 results
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2 mins read
US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
2 mins read
McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…
Nora Redmond
2 mins read
Karwa Chauth festivities to boost economy by ₹22,000 crore
Deeply rooted in Indian culture and spirituality, the festival of Karwa Chauth has grown into a sig…
1 min read
Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…
Filip De Mott
3 mins read
Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience
DoorDash, Instacart, and Uber all reported that shoppers are still ordering food and other merchand…
Alex Bitter
2 mins read
India will spend ₹4.25 lakh crore on 35 lakh planned weddings in Nov-Dec: PL Capital report
India will spend Rs 4.25 lakh crore on projected 35 lakh weddings planned between November to mid-D…
ANI
3 mins read
Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs
Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…
Filip De Mott
1 min read
Apple earnings live updates: Wall Street watching for AI updates around iPhone, consumer-spending guidance
Apple's earnings results can have knock-on effects for the many public companies that supply it wit…
Matthew Fox
2 mins read
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
3 mins read
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary …
Filip De Mott
2 mins read
A key US consumer indicator has dipped to 'crisis levels,' SocGen says
The US personal savings rate has dropped below 3%, a level historically associated with recessions,…
Jennifer Sor
3 mins read
The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says
The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…
Jennifer Sor
3 mins read
Pets, sports, and Disney might end up rescuing China's ailing consumer economy
China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently …
Kelly Cloonan
4 mins read
America's shopping spree is over and retailers are facing a new world of cautious consumers
76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…
Jennifer Sor
2 mins read
Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says
Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…
PTI
2 mins read
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
2 mins read
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
2 mins read
Punjab's capital expenditure lowest in FY25 at 6.2% vs highest of Gujarat at 36.2%: NSE
In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure rat…
ANI
2 mins read
Tech temptations: People go for unhealthier food, spend higher when ordering on digital devices, study suggests
The study highlights how digital ordering platforms significantly shape consumer behaviour, often l…
3 mins read
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…