Consumers Ditch Brand Names For Generic Food As Inflation, Shortages Hit Supermarkets
By Tyler Durden U.S. consumers’ loyalty to brand names at supermarkets is quickly evolving as they try new grocery products amid snarled supply chains and…
Consumer
US Producer Prices Soar At Double Digits For First Time
By Tyler Durden Following the far-hotter-than-expected CPI print, analysts expected Producer Prices to extend their acceleration, and they did rising 10.0% YoY in February (vs…
US Households Expect Record Spending Increases As All Prices Soar
By Tyler Durden After unexpectedly sliding last month in what was the largest monthly decline since 2013, the latest NY Fed Survey of Consumer Expectations…
US Consumers Will Push Back On High Food Prices, Mondelez CEO Says
By Tyler Durden America’s top snack company, Mondelez International, told Bloomberg TV Friday that consumers will begin to push back on rising food prices as the economy…
The Dollar’s Decline May Be About to Accelerate
By Stefan Gleason Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price…
US Retail Sales Tumble Most Since February 2021 As Web Revenues Crash
By Tyler Durden While the consensus believed today’s US retail sales for December would come in with a modest 0.1% MoM drop to end 2021,…
Black Friday Disappoints, Cyber Monday Sales Fall For The First Time Ever
By Tyler Durden Yesterday when addressing the nation, and taking what appeared to be a victory lap for something – it wasn’t exactly clear what,…
US Consumer Prices Are Soaring At Their Fastest Rate In 40 Years
By Tyler Durden Following yesterday’s US PPI print at record highs, overnight we saw Chinese producer prices rising at their fastest pace in 26 years,…
Americans Panic Over Soaring Inflation, Buying Conditions Hit The Worst On Record
By Tyler Durden One month ago, when looking at the internals of the UMich report, we noted that there was “A Sudden Negative Change In…
American Consumer Sentiment Crashes Below COVID Crisis Lows, Inflation Fears Rebound
By Tyler Durden Following UMich’s sentiment slump in July, analysts expect a further (modest) slide in Americans’ confidence in preliminary August data this morning. They…
We Just Got Proof that Americans, Not China, Are Paying for the Tariffs
By Brad Polumbo President Trump famously (and falsely) said that “trade wars are good and easy to win.” But we now have confirmation that, just…
US Consumer Prices Jump At Fastest Pace Since 2009 As Energy Costs Surge
By Tyler Durden Following the explosive surge in producer prices, analysts expected a similar jump in consumer prices and were not disappointed as headline CPI…
A Very COVID Christmas: Visualizing The Pandemic’s Impact On Festive Spending
By Tyler Durden From mass job losses to not seeing family and friends for months on end, the COVID-19 pandemic has pushed people to their…
US Retail Sales Disappoint, Tumble Most Since April
By Tyler Durden While analysts expected a modest drop in US retail sales in November (after its big slowdown in October), and BofA credit card…