Consumers aren’t ready to dive in to discretionary spending at this point, although a state of equilibrium seems to be merging across the consumer packaged goods and general merchandise sectors, according to market researcher and advisor Circana. Total retail sales in...
In February 2024, U.S. retail sales revenue, including discretionary general merchandise and consumer packaged goods, remained flat as units declined 1% versus the same month in 2023, according to Circana. Discretionary general merchandise spending declines continued,...
According to research by market research firm Numerator, the outlook for consumer spending in 2023 may be less than rosy, as 72% of participants in a study believe the United States is already in a recession, even though it has not been officially declared. Gen Z,...
