Tag #Consumer Spending

Showing 49 to 60 of 279 results

us.cnn.com

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Apr 30, 19:20

Tariff Fears Drive US Consumer Spending Surge in March

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, as Americans bought durable goods, especially cars, despite overall inflation slowing to its lowest rate since September and first-quarter economic contraction.

Tariff Fears Drive US Consumer Spending Surge in March

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, as Americans bought durable goods, especially cars, despite overall inflation slowing to its lowest rate since September and first-quarter economic contraction.

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What was the immediate impact of tariff fears on US consumer spending in March 2019?

In March 2019, US consumer spending surged 0.7%, its highest monthly increase in over two years, driven by a car-buying spree fueled by tariff fears. This surge in spending, particularly on durable goods, suggests consumers are anticipating price increases due to tariffs and are accelerating purchases. However, inflation remained relatively low in March.

abcnews.go.com

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Apr 30, 22:13

US Inflation Cools, Consumer Spending Rises Amidst Tariff Concerns

US consumer prices cooled to 2.3% year-on-year in March, down from 2.7% in February, while consumer spending rose 0.7%, boosted by an 8.1% surge in auto purchases likely due to preemptive buying ahead of new tariffs.

US Inflation Cools, Consumer Spending Rises Amidst Tariff Concerns

US consumer prices cooled to 2.3% year-on-year in March, down from 2.7% in February, while consumer spending rose 0.7%, boosted by an 8.1% surge in auto purchases likely due to preemptive buying ahead of new tariffs.

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Reduced Inequality

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What was the impact of the recent inflation report on consumer spending and how might this trend be affected by the upcoming tariffs?

US consumer prices rose 2.3% in March year-on-year, down from 2.7% in February. Core inflation, excluding food and energy, was 2.6%, below February's 3%. Consumer spending increased 0.7% from February to March, with auto spending surging 8.1% likely due to pre-tariff purchases.

theguardian.com

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Apr 30, 16:13

Starbucks Reverses Automation Strategy, Increases Staffing Amid Declining Sales

Starbucks is increasing staff and reducing automation in approximately 3,000 stores globally, after its previous automation strategy backfired, leading to declining sales, and this is part of a wider turnaround plan by the new CEO, Brian Niccol, despite the company reporting worse-than-expected resu...

Starbucks Reverses Automation Strategy, Increases Staffing Amid Declining Sales

Starbucks is increasing staff and reducing automation in approximately 3,000 stores globally, after its previous automation strategy backfired, leading to declining sales, and this is part of a wider turnaround plan by the new CEO, Brian Niccol, despite the company reporting worse-than-expected resu...

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How did the company's previous automation strategy affect customer experience and financial performance?

Niccol's strategy shift reflects a recognition that technology alone cannot replicate the positive customer interactions provided by sufficient staffing. The move to increase staffing and reduce automation is a direct response to declining sales and customer dissatisfaction. The company's recent disappointing financial results underscore the urgency of this change.

cincodias.elpais.com

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Apr 29, 10:18

Unconventional Economic Indicators Gain Traction Amidst Uncertainty

Amidst erratic economic times and unpredictable US trade policies, unconventional indicators like airport security numbers, cross-border tourism, and metropolitan traffic congestion are being used to gauge economic trends, supplementing traditional metrics.

Unconventional Economic Indicators Gain Traction Amidst Uncertainty

Amidst erratic economic times and unpredictable US trade policies, unconventional indicators like airport security numbers, cross-border tourism, and metropolitan traffic congestion are being used to gauge economic trends, supplementing traditional metrics.

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What unconventional economic indicators are currently being used to gauge economic trends, and what are their immediate implications?

Unusual economic indicators are gaining attention due to erratic times and unpredictable US trade policies. Data like airport security numbers, cross-border travel, and metropolitan traffic congestion are now being analyzed alongside traditional metrics. This shift reflects the need for unconventional approaches to gauge economic trends during periods of uncertainty.

elmundo.es

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Apr 26, 22:14

Weakening US Consumption Threatens Global Economic Stability

Weakening US private consumption, fueled by falling financial markets and eroding consumer confidence, threatens the global economy; the IMF lowered its 2025 US growth forecast to 1.8%, down from 2.7%, raising concerns about the stability of the global financial system.

Weakening US Consumption Threatens Global Economic Stability

Weakening US private consumption, fueled by falling financial markets and eroding consumer confidence, threatens the global economy; the IMF lowered its 2025 US growth forecast to 1.8%, down from 2.7%, raising concerns about the stability of the global financial system.

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What are the immediate impacts of the decline in US private consumption and how does it affect global economic forecasts?

The US private consumption, representing 68% of the GDP in 2023, is the main driver of the American economy. Recent growth, however, is threatened by a confluence of negative factors including falling financial markets and shrinking household financial maneuverability. This has led to the IMF lowering its US growth forecast for 2025 from 2.7% to 1.8%.

europe.chinadaily.com.cn

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Apr 25, 10:15

Tariffs and Inflation Cast Shadow on South Coast Plaza Spring Events

The Fleurs de Villes floral exhibition and Spring Garden Show at Southern California's South Coast Plaza are facing economic headwinds due to rising import costs and tariffs on Chinese goods, impacting both organizers and retailers, while consumers react to higher prices.

Tariffs and Inflation Cast Shadow on South Coast Plaza Spring Events

The Fleurs de Villes floral exhibition and Spring Garden Show at Southern California's South Coast Plaza are facing economic headwinds due to rising import costs and tariffs on Chinese goods, impacting both organizers and retailers, while consumers react to higher prices.

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Reduced Inequality

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How are rising import costs affecting both the organizers of the floral exhibition and the vendors at the Spring Garden Show?

Rising tariffs on imported goods, particularly from China, are significantly impacting businesses at South Coast Plaza. This is evident in the increased costs faced by Fleurs de Villes due to higher flower import prices and by retailers like Max Mara, which sees increased manufacturing costs. The consequences extend to consumers, who are noticing higher prices and are becoming more cautious with spending, particularly within the HENRY (high earner, not rich yet) demographic.

cnn.com

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Apr 30, 19:20

Tariff Fears Drive US Consumer Spending Surge

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, as Americans rushed to buy durable goods, particularly cars, despite overall inflation slowing to its lowest rate since September and a first-quarter economic contraction.

Tariff Fears Drive US Consumer Spending Surge

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, as Americans rushed to buy durable goods, particularly cars, despite overall inflation slowing to its lowest rate since September and a first-quarter economic contraction.

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What was the primary driver of the significant increase in US consumer spending in March 2019, and what are the immediate implications?

In March 2019, US consumer spending surged by 0.7%, the most in over two years, driven by a car-buying spree fueled by tariff anxieties. This spending increase, however, is viewed as possibly temporary, with concerns that it might represent a pull-forward of purchases in anticipation of higher prices due to tariffs.

edition.cnn.com

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Apr 30, 19:20

Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers Hard

The expiration of a duty-free import exemption and increased tariffs on Chinese goods are causing price hikes on popular e-commerce sites Temu and Shein, disproportionately affecting low-income American consumers who heavily rely on these platforms for affordable products.

Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers Hard

The expiration of a duty-free import exemption and increased tariffs on Chinese goods are causing price hikes on popular e-commerce sites Temu and Shein, disproportionately affecting low-income American consumers who heavily rely on these platforms for affordable products.

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No Poverty

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How does the disproportionate impact of the price increases on low-income households relate to existing economic inequalities in the US?

The increase in Chinese export package values from \$5.3 billion in 2018 to \$66 billion in 2023 demonstrates the significant reliance on cheap Chinese goods. The Trump administration's tariffs, coupled with the expiring \$800 de minimis exemption, are causing price hikes on Temu and Shein, disproportionately affecting lower-income consumers who spent over triple their share of income on apparel compared to wealthier households in 2021. This underscores the economic impact of trade policy on vulnerable populations.

theglobeandmail.com

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Apr 29, 16:13

Coca-Cola Q1 Earnings Beat Expectations Amidst Global Trade Uncertainty

Coca-Cola reported better-than-expected Q1 revenue and profit ($11.22 billion, 73 cents per share) exceeding analysts' estimates, driven by price hikes and strong demand, despite a North America volume decline and global trade uncertainties; the company maintained its full-year forecasts.

Coca-Cola Q1 Earnings Beat Expectations Amidst Global Trade Uncertainty

Coca-Cola reported better-than-expected Q1 revenue and profit ($11.22 billion, 73 cents per share) exceeding analysts' estimates, driven by price hikes and strong demand, despite a North America volume decline and global trade uncertainties; the company maintained its full-year forecasts.

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Responsible Consumption and Production

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How did Coca-Cola mitigate the impact of rising costs and slowing demand for legacy brands in North America?

Coca-Cola's strong Q1 results demonstrate resilience amidst a challenging macroeconomic environment. Despite a 3% volume decline in North America due to legacy brand slowdown, price hikes and increased demand for newer products like Simply Pop offset this, resulting in overall sales growth. This contrasts with PepsiCo's report of subdued consumer spending.

elmundo.es

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Apr 29, 19:18

Spain Increases Tobacco Prices to Curb Consumption

Spain raised tobacco prices in April 2025, affecting brands like Fortuna and Ducados, aiming to reduce consumption, with taxes representing nearly 80% of the final price, a policy supported by the World Health Organization.

Spain Increases Tobacco Prices to Curb Consumption

Spain raised tobacco prices in April 2025, affecting brands like Fortuna and Ducados, aiming to reduce consumption, with taxes representing nearly 80% of the final price, a policy supported by the World Health Organization.

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Good Health and Well-being

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What are the main factors contributing to Spain's tobacco price increase, and what is its intended effect on consumption rates?

The price increase is part of a broader strategy to reduce tobacco consumption in Spain, aligned with the World Health Organization's recommendation of using taxes as an effective tool. Data shows that tobacco consumption has significantly decreased since 1997, dropping from 46.8% to 36.8% in 2024.

europe.chinadaily.com.cn

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Apr 26, 04:11

China's Trade-In Program Boosts Retail Sales by 1.6 Percentage Points

China's consumer product trade-in program, boosted by a 300 billion yuan government investment, increased Q1 2025 retail sales by 1.6 percentage points to 12.47 trillion yuan, benefiting over 120 million consumers with over 720 billion yuan in subsidies.

China's Trade-In Program Boosts Retail Sales by 1.6 Percentage Points

China's consumer product trade-in program, boosted by a 300 billion yuan government investment, increased Q1 2025 retail sales by 1.6 percentage points to 12.47 trillion yuan, benefiting over 120 million consumers with over 720 billion yuan in subsidies.

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What is the immediate impact of China's expanded consumer product trade-in program on the nation's economy?

China's consumer product trade-in program boosted total retail sales of consumer goods by 1.6 percentage points in Q1 2025, reaching 12.47 trillion yuan ($1.7 trillion). Over 120 million consumers benefited from subsidies exceeding 720 billion yuan on sales of related products. This program is a key component of the government's plan to stimulate domestic consumption.

theglobeandmail.com

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Apr 24, 16:14

PepsiCo Cuts Profit Forecast Amid Tariff Uncertainty and Weak Consumer Spending

PepsiCo's Q1 profit missed estimates, driven by higher costs and weaker consumer spending amid US tariff uncertainty, prompting a lowered annual profit forecast and a share price decline; the company plans mitigation strategies, including sourcing adjustments and a transition to natural ingredients.

PepsiCo Cuts Profit Forecast Amid Tariff Uncertainty and Weak Consumer Spending

PepsiCo's Q1 profit missed estimates, driven by higher costs and weaker consumer spending amid US tariff uncertainty, prompting a lowered annual profit forecast and a share price decline; the company plans mitigation strategies, including sourcing adjustments and a transition to natural ingredients.

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How are global trade developments, specifically US tariffs, contributing to PepsiCo's challenges?

Global trade uncertainties, particularly US tariffs, are impacting consumer goods companies. PepsiCo's reduced profit forecast reflects this broader trend, mirroring similar announcements from Procter & Gamble and Kimberly-Clark. Rising supply chain costs and subdued consumer spending are key factors.

Showing 49 to 60 of 279 results