Consumer Spending and Service Sector Activity Slowing DownHIGH STREET spending and activity in the services sector both slowed last month, but not by enough to prompt the Bank of England to cut interest rates today, economists said.
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Economists, businesses, investors, and others monitor the index to predict the spending habits of consumers and the consequences for companies in the consumer discretionary sector. Trends that affect consumer spending power, such as higher or stagnant wages or widespread changes in the prices of essen...
Consumer Spending in the United States increased to 16113 USD Billion in the third quarter of 2024 from 15967.30 USD Billion in the second quarter of 2024. This page provides the latest reported value for - United States Consumer Spending - plus previous
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Shenzhen also seeks to boost purchases of automobiles, electronic products, and home appliances and achieve investment and consumer spending in these sectors exceeding 180 billion yuan by 2025. Shenzhen’s investment in equipment upgrades...
Explore research and insights for the consumer spending sector.Featured ConsumerSignals ConsumerSignals provides a view into consumers' everyday finances and the spending strategies being used to navigate an unpredictable world. Interactive Articles and multimedia FILTERS Show filters Hide filters CLOSE...
“Consumers are still spending but are under financial pressure and have been adjusting how much they buy while also shifting from goods to services,” Kleinhenz said. “While job and wage gains have counterbalanced inflation, the stockpile of savings accumulated during the pandemic is dwindling and...
Interest rates can also impact the level of spending on consumer goods substantially. Many higher-end consumer goods, such as automobiles or jewelry, are often purchased by consumers on credit. Higher interest rates make such purchases substantially more expensive and therefore deter these expenditu...
The total consumer spending of the coastal city of Qingdao in Shandong province is expected to surpass 600 billion yuan ($83.4 billion) in 2023, according to statistics released by the city's commerce bureau. In the first three quarters of 2023, the revenue of Qingdao's catering industry incr...