August spending confidence suggests that consumer goods face a spending letup in the near term focused in homegoods categories and among Millennials. The letup may be brief, however, if August represents only a pause in the surge in confidence to spend…
Millennials again led the spending confidence of consumers higher in July—with the clothing and homegoods categories benefiting most from stronger confidence to spend over the next 90 days. The recent confidence surge among Millennials suggests they are ready to spend more…
Spending confidence among Millennials remains on a strong upward trend—leading consumers’ overall confidence to spend higher in June. Clothing, health and beauty are benefitting most among categories from the confidence trends. Homegoods also show mixed signs of opportunity among generations. The…
The outlook for consumer spending remains tepid as confidence to spend over the next 90 days again moved sideways in May—with Millennials showing the only notable sign of improvement. As a result, retail spending should keep to the slower pace that…
Millennials pulled down consumers’ confidence to spend in April—with the food and clothing categories taking the brunt of weaker spending confidence. The latest results tend to confirm that a brief Spring burst of confidence in the wake of tax cuts is…
Consumers’ spending confidence jumped in March—lifted mostly by Gen X consumers with a college degree, and strong plans to spend in homegoods categories. Whether the confidence pickup actually revives the recent spending trend (see more here) will depend, however, on the…
Overall consumer confidence to spend continues to move sideways, but the homegoods category will be the exception benefiting from improved spending plans from Millennials to Boomers. That’s the takeaway from the latest spending confidence data through February. The data otherwise support…