A more positive view of the current labor market boosted the Conference Board’s index last month.
Surveys
A total of 126 million consumers shopped in stores over the five-day period, about 5 million more than last year.
PricewaterhouseCoopers’ 2024 holiday trends survey took a 10-year look back to see what mattered to consumers then versus now.
Latest in Surveys
An Adobe Analytics report explored the rise in mobile shopping, the popularity of Buy Now Pay Later options, and peak shopping hours.
A more positive view of the labor market contributed to the strongest monthly gain since March 2021.
The U.S. presidential election, inflation, and the aftermath of recent hurricanes could all have an impact on spending.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Deloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
The first in what is slated to be a series of in-depth reports from the consulting company, it focuses on shortening supply chains.
Respondents also showed a greater preference for buying goods over services.
For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.
Inflation remained a top concern among survey-takers who included write-in responses.
The Conference Board’s Consumer Confidence Index rose to 100.3 from a downwardly revised 97.8 in June.
The costs of food and groceries remained a top concern, followed by the labor market and U.S. politics.
Its recent report dives into the current dilemma facing luxury brands.
Expectations of a recession rose for the second consecutive month.
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
From bench jewelers to appraisers, Jewelers of America’s updated guide shares an overview of how much industry employees are being paid.
The Conference Board’s revised January reading suggests consumers did not start off 2024 as confidently as previously thought.
The Conference Board attributed the upbeat results to slowing inflation and the anticipation of lower interest rates.
The organization shared its predictions on how much consumers will be spending and on whom.
Retail sales also were up about 4 percent for the full year.
More optimistic views on the labor market as well as current and future business conditions gave the index a boost.
From Thanksgiving through Cyber Monday, 200.4 million consumers shopped online and in stores.
Though consumers have started holiday shopping earlier, the organization still predicts a busy Thanksgiving weekend for retailers.
Sales will increase compared with last year, though the rate of growth is expected to slow.
The Conference Board’s monthly index that measures how consumers are feeling declined for the third straight month in October.
Discounts and promotions could persuade consumers to shop earlier this year, the survey found.
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