Household Spending

Holiday outlook is unclear, given latest retail sales

What do the latest retail sales numbers tell us about the outlook heading into the holiday? It depends whether you believe more in the seasonally adjusted or unadjusted data. If you believe in the adjusted data, then sales growth improved significantly—to…


What consumers want as holiday gifts—what it means

The winners and losers among categories this holiday will include gift cards, clothing, home-related goods, and media from books to video games. That’s the takeaway from an October survey of holiday shoppers—and comparisons with responses spanning more than 10 years. Given…


Latest Retail Sales Confirm Weak Holiday Outlook

The spending outlook for consumer goods remains weak heading into the holidays as September retail sales posted a third straight month of below-trend growth. September growth was weak on a year-to-year basis across most retail channels, although several home-related sectors improved…


Holiday Spending Will Be Slightly Weaker This Year

Spending will be slightly weaker online and in stores this holiday season. Sales will grow 2% in stores and 14.5% online—resulting in 3.5% overall growth, according to projections by MacroSavvy™. The forecast shows that the weakness will be most evident at…


Signs of Weaker, Selective Retail Spending in August

August’s retail numbers paint a picture of consumers spending selectively and at a slower pace. Even online sales sagged from robust growth in prior months. In general, growth weakened month-to-month across most retail sectors, with isolated signs of strength evident mostly…


Growing Shift Online Evident in Latest Retail Sales

Growing momentum in online sales gains made July’s letup in retail sales growth look even weaker for store retailers—with furniture and drug stores two key exceptions. The numbers suggest that relatively healthy Spending Confidence is disproportionately benefiting online retailers, especially in…