Tag
#households
13 articles
China's Very Slow Recovery
China’s consumer price growth slowed in November, reflecting weak domestic demand despite Beijing’s push to revive spending.
11 Dec 2024
America's Wallet
Despite inflation, Americans have more money in the bank than in 2019 and only slightly more credit card debt relative to income. However, they don't necessarily feel better off than they did before the pandemic, inflation, and rising interest rates.
10 Sept 2024
Spending Doesn't Cool Down
Despite the economic uncertainty, Americans are continuing to spend, challenging the expectations of many business leaders about consumer behavior in slower economic times.
02 Apr 2024
Chinese Travellers On Tight Budgets
During the recent Lunar New Year holiday, an unprecedented number of Chinese travelers embarked on journeys, setting a new record for domestic travel during this festive period.
28 Feb 2024
Consumers Are More Optimistic
The overall outlook of Americans on the economy has seen a substantial improvement recently.
02 Feb 2024
Consumer Spending Eases
In October, Americans curtailed their spending, and inflation subsided as the economy shifted gears from a vigorous third quarter, according to analysts.
05 Dec 2023
China's Gradual Recovery
Official figures indicate that China's retail sales contracted by 0.2% in 2022, a stark contrast to the 8% growth recorded in 2019.
13 Oct 2023
Households Are Not Cooling Down
By now, consumers were expected to reduce their spending for several reasons. Interest rates have risen, inflation remains high, pandemic-related savings have dwindled, and the labor market is showing signs of cooling.
05 Oct 2023
Travel Is Still Up Despite Recession Fears
Persistent inflation and higher interest rates have put a strain on many households, causing consumers to be cautious about certain expenses like home improvement projects and apparel.
15 Jun 2023
U.S. Retail Sales Smash Estimates
Retail sales increased more than expected in January, despite rising inflation. According to the Commerce Department, sales for the month rose by 3%, exceeding the expected rise of 1.9%.
20 Feb 2023
Shoppers Are Back
Although Americans spent more time and money shopping on Black Friday than they did the year before, certain figures indicate that they were also cautious with their spending as inflation put a strain on their wallets.
01 Dec 2022
Chinese Consumers Caucious, More Enclined To Save
According to a poll by the People's Bank of China, the inclination of Chinese consumers to save money is at its greatest level in twenty years.
13 Jul 2022
Buying (At) Discount Stores?
Spending at discount stores increased by 65% in the week ending November 7 compared to the same period last year, according credit and debit card transaction data from Facteus which was first reported by Bloomberg.
26 Nov 2021
