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You Searched For "consumer spending" and got 17 results


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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   


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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   


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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…

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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   


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3 mins read

Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says

Donald Trump's proposed tariffs would hit the consumer tech sector, raising prices on US consumers'…

Erin Snodgrass   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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…