Tag #Consumer Spending

Showing 13 to 24 of 279 results

theguardian.com
🌐 75% Global Worthiness
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UK Grocery Inflation Hits 4.1%, Fueling Shift to Discount Supermarkets

UK grocery price inflation hit 4.1% in May, the highest since February 2024, driven by rising costs of butter, chocolate, and sun cream; discount chains Aldi and Lidl saw strong growth while Asda's sales fell.

Progress

36% Bias Score

No Poverty
cincodias.elpais.com
🌐 85% Global Worthiness
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US Beef Prices Soar Amidst Historic Drought and Herd Shrinkage

US beef prices hit record highs in 2024 due to a severe drought reducing the cattle herd to its lowest level since 1951; consumers face higher costs, while businesses like Texas Roadhouse see reduced margins, while the poultry industry thrives.

Progress

48% Bias Score

Zero Hunger
abcnews.go.com
🌐 75% Global Worthiness
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Home Renovation Spending Soars Amid Economic Slowdown

US building materials retail sales rose 0.8% in April 2024, exceeding overall retail growth as homeowners invest more in renovations due to high mortgage rates, aging homes, and reluctance to sell; experts predict continued growth despite economic uncertainty.

Progress

36% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 85% Global Worthiness
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Economic Policy Uncertainty Triggers Sharp Economic Slowdown

Record-high economic policy uncertainty, primarily due to tariffs, caused a significant economic slowdown in Q1 2025: consumer spending grew by only 1.8%, car purchases fell 11.1%, and business investment in structures dropped 4.3% while inventory investment rose.

Progress

60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Home Depot Beats Sales Estimates, Absorbs Tariff Costs

Home Depot's first-quarter sales beat expectations at \$39.86 billion despite US tariffs; the company plans to absorb tariff costs, potentially impacting margins but maintaining prices and possibly increasing market share.

Progress

44% Bias Score

Responsible Consumption and Production
theglobeandmail.com
🌐 85% Global Worthiness
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US Retail Earnings to Reveal Tariffs' Impact on Consumer Spending

Upcoming earnings reports from major US retailers, including Target, Home Depot, Lowe's, and Walmart, will reveal the economic impact of tariffs on consumer spending and corporate profitability, offering insight into the ongoing US-China trade situation and its effects on the stock market.

Progress

56% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Rising German Car Prices Outpace Salary Growth, Driving Down Sales

A study by Oliver Wyman and Jato Dynamics reveals that despite a 24 percent increase in German net salaries between 2019 and 2024, new car prices surged by 40 percent, leading to decreased affordability and a 22 percent drop in new car sales; the shift to electric vehicles is a major factor.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch Middle-Income Households Enjoy Increased Disposable Income Despite Inflation

Despite rising prices in 2023, Dutch middle-income households (annual income €21,000-€70,000) saw increased disposable income due to wage growth and government aid, though renters benefitted less than homeowners, according to CPB research using 2019-2023 household data.

Progress

20% Bias Score

No Poverty
abcnews.go.com
🌐 85% Global Worthiness
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Target Reports Sales Drop Amid Tariff Uncertainty

Target CEO Brian Cornell announced a 2.8% sales drop in Q1 2025, blaming consumer anxieties over tariffs and a boycott, while warning of potential price increases due to ongoing tariffs despite a recent US-China trade deal.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Target Sales Miss Expectations, Cut Annual Projection Amidst Economic Slowdown and Boycotts

Target's first-quarter sales fell 2.8% to $23.85 billion, missing analysts' estimates and prompting a reduction in the company's annual sales projection to a low-single-digit decline for 2025 due to decreased consumer spending amid economic concerns, tariffs, and boycotts following the scaling back ...

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Energy Price Cap to Fall 7% to £1,720 in July

Cornwall Insight predicts a July UK energy price cap of £1,720, a 7% reduction from £1,849, due to wholesale market changes; however, global economic uncertainty and market volatility necessitate ongoing government support and long-term market reforms.

Progress

36% Bias Score

Affordable and Clean Energy
elpais.com
🌐 85% Global Worthiness
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Colombia's GDP Surges 2.7% in Q1 2025 Despite Investment Challenges

Colombia's GDP grew 2.7% year-on-year in Q1 2025, exceeding projections, driven by strong consumer spending in recreation, furniture, transport, and food, despite low investment and high interest rates.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 279 results