A more positive view of the labor market contributed to the strongest monthly gain since March 2021.
Surveys
The U.S. presidential election, inflation, and the aftermath of recent hurricanes could all have an impact on spending.
Deloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
Latest in Surveys
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.
Inflation remained a top concern among survey-takers who included write-in responses.
While no reputable jeweler would knowingly sell lab-grown stones as natural, it's a growing possibility.
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.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
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.
The seasonal survey asked consumers how, when, and where they’ll shop for holiday gifts.
Shoppers also expressed concern about rising prices, higher interest rates, and political uncertainty.
According to SpendingPulse, retail sales will increase in November and December but not necessarily for jewelers.
From holiday spending to inflation’s impact, here’s what analysts are forecasting for the season.
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