Consumer Spending Archives - The Local News App https://thelocalnews.app/tag/consumer-spending/ Only what you care about Fri, 31 May 2024 22:28:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://thelocalnews.app/wp-content/uploads/2024/01/cropped-the-local-news-app-logo-512-1-150x150.png Consumer Spending Archives - The Local News App https://thelocalnews.app/tag/consumer-spending/ 32 32 220501511 Cooler Economy, Cooler Inflation: What the Latest Reports Say https://thelocalnews.app/cooler-economy-cooler-inflation-what-the-latest-reports-say/ https://thelocalnews.app/cooler-economy-cooler-inflation-what-the-latest-reports-say/#respond Fri, 31 May 2024 22:27:59 +0000 https://thelocalnews.app/?p=56644 Recent government reports indicate a cooling economy and a potential slowdown in inflation, but experts caution against premature relief for Americans facing high prices and borrowing costs. Expert Insights WalletHub Founder and CEO Odysseas Papadimitriou advises Americans not to expect imminent rate cuts, urging them to adjust their finances to cope with persistently high inflation […]

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Americans Cut Back on Dining Out Amid Inflation Concerns https://thelocalnews.app/americans-cut-back-on-dining-out-amid-inflation-concerns/ https://thelocalnews.app/americans-cut-back-on-dining-out-amid-inflation-concerns/#respond Tue, 07 May 2024 00:36:47 +0000 https://thelocalnews.app/?p=39006 Amidst rising inflation concerns, Americans are altering their spending habits, particularly when it comes to dining out. This shift in consumer behavior is evident in the recent earnings calls of major fast-food and restaurant chains. McDonald’s and Starbucks Feel the Pinch McDonald’s CEO Chris Kempczinski highlighted during an earnings call that consumers are becoming more […]

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Economic Confidence Index Dips in April https://thelocalnews.app/economic-confidence-index-dips-in-april/ https://thelocalnews.app/economic-confidence-index-dips-in-april/#respond Fri, 03 May 2024 19:30:45 +0000 https://thelocalnews.app/?p=36599 Gallup’s Economic Confidence Index experienced a decline in April after six consecutive months of stability, signaling potential concerns for the economic outlook. Negative Turn in Economic Confidence Trend The index, which measures economic sentiment on a scale from minus-100 to plus-100, recorded a notable decrease to minus-29, according to recent data released by Gallup. Bankrate […]

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