The Conference Board Consumer Confidence Index gained in November to 102, up from a downwardly revised 99.1 in October, above the 100 breakeven between a negative or positive sentiment about the economy. The Present Situation Index, based on consumers’ assessment of...
Although market research on the emerging back-to-school and college season has been somewhat mixed, the KPMG 2023 Consumer Pulse Back to School Survey indicated that more consumers will shop early and hunt for discounts as they still expect to spend significantly more...
According to a recent KPMG survey of 100 retail executives, 2023 looms as a more challenging year than 2022, with 73% of retail executives saying that the United States is already in a recession or will enter one in the next six months. The figure is up by 32...
Purchasing and supply management executives expect gradual economic improvement in the United States in 2023, according to the Institute for Supply Management December 2022 Semiannual Economic Forecast, with retail among the sectors expecting gains. The report...
The Conference Board Consumer Confidence Index slipped in November after losing ground in October, and now stands at 100.2 just two-tenths of a point above the border between positive and negative territory. As revised, the index stood at 102.2 in October, according...
