Strong employment has sustained consumer spending levels, Commerce Department data for June released on Tuesday shows. Rdriven by robust employment despite consumers’ depleted savings and high interest rates. As retailers look ahead to the remainder of 2024, they should anticipate steady yet moderated spending. … READ MORE >
Consumer products
Retail demand shows weakness, leading to first inflation dip in 6 months
In a noteworthy turn, core goods prices have experienced a continued decline, contributing to the first dip in inflation in six months, according to April’s consumer price index. … READ MORE >
Senior Loan Officer Survey: Progress halts as inflation rebounds in Q1
Progress toward normalized lending practices generally halted in the first quarter as the Federal Reserve turned more hawkish amid the rebound in inflation, according to data in a Fed report announced on Monday. … READ MORE >
Maintaining margins amid California’s minimum wage increase: Strategies for fast food operators
Operators in the fast-food sector will need to adapt to tighter operating margins to accommodate new labor cost levels. … READ MORE >
Cautious, but optimistic, consumer products M&A climate for 2024
Add-on acquisitions are continuing to account for a larger share of deals. These acquisitions will be attractive for buyers given their cost effectiveness. … READ MORE >
Consumer products holiday season insights: E-commerce helps drive holiday sales growth
As the digital buying experience grows in importance, companies must focus on their technology platforms. … READ MORE >
NetSuite SuiteWorld 2023: Trends and insights from RSM
RSM’s consumer products senior analysts provide insights and key takeaways from SuiteWorld 2023. … READ MORE >
Consumer products holiday season insights: Fading consumer confidence won’t dampen holiday retail cheer
It remains to be seen whether consumers will continue their strong spending or begin to pull back in light of financial pressures. … READ MORE >
Consumer products holiday season insights: Shopping growth to be lower, but still strong
RSM forecasts nominal retail sales from October through December 2023 will increase nearly 5.0% on a year-over-year basis. … READ MORE >
Consumer sentiment hits 5-month low amid elevated inflation expectations
Consumer sentiment this month dropped to the lowest since May. The decline stems from the rebound in inflation and weakened expectations due to a looming government shutdown. … READ MORE >