Discretionary spending hit as household cost pressures

Discretionary spending hit as household cost pressures - KPMG UK

Welcome · 35%: Holiday(s) · 23%: Home improvements · 16%: Paying essential household costs (e.g., food, energy, fuel, mortgage/rent) · 9%: Home ...

Discretionary spending hit as household cost pressures continue to ...

Discretionary spending hit as household cost pressures continue to mount · 32% saying they are buying more promotional / discount produce. · 31% ...

HOSPA on LinkedIn: Discretionary spending hit as household cost ...

Discretionary spend is under pressure, reports KPMG, with holidays prioritised, but eating out subject to the hunt for offers and discounts. #hospitality…

Aussie consumers put essentials first as cost pressures persist

"Non-discretionary spending grew faster than discretionary spending, as households continued to face cost-of-living pressures," said Robert ...

Discretionary spending hit as household cost pressures continue to ...

Consumer Pulse survey reveals the impact of cost pressures on household budgets. Learn how discretionary spending has been affected.

How Inflation Affects Your Cost of Living - Investopedia

Higher food, gasoline, and utility costs mean less money for savings and less for discretionary spending. To compensate, consumers buy less, switch to ...

Driving retail spending, wealthier Americans are powering US ... - PBS

By August 2024, inflation-adjusted spending on retail goods was nearly 17% higher than it was in January 2018 for upper-income households, ...

Consumer spending data looks solid, but some shoppers continue ...

But not all shoppers are feeling relief at checkout. As the labor market slows and renters continue to feel pinched from higher housing costs, ...

How Have Consumer Spending Habits Changed? - Mintel

These include reduced energy use at home, increased purchases of private label products and low-cost retailers, and a reevaluation of their ...

Amid persistent inflation, just what is “discretionary” spending?

... pressures of inflation. Meanwhile, retailers ... The takeout budget has been an obvious target for downsizing in Jennifer Lee's household.

Living in inflation's wake - Deloitte

Then there are categories that consumers lean on to help offset rising costs elsewhere—and there are many. Spending intentions for discretionary ...

RBC Consumer Spending Tracker - RBC Economics

Per capita retail spending remains a better measure of how households are feeling, because overall measures do not account for strong population ...

Inflation's sting: Will you become a more savvy shopper? - USA Today

Households are broadly cutting their discretionary spending and making a decided turn toward the practical. But they're still buying things they really want, ...

High inflation disproportionately hurts low-income households

Families have grappled with surging prices over the past 18 months, as the cost of meeting basic needs rose. Consumer prices were 7.1 percent ...

Consumer expenditures in 2022 - Bureau of Labor Statistics

Even after restaurants reopened, some consumers suppressed food away from home spending to minimize their exposure to COVID-19. In 2022, price increases and ...

How discretionary spending has been affected in recent winters, UK

Pressures on consumer spending. Household expenditure is under pressure as high inflation outpaces earnings growth. This article uses aggregated ...

State of the US consumer: October 2024 - Deloitte

Discretionary spending intentions sustain fourth consecutive month of increases. ... household goods, education, child care, and home furnishing.

Inflation and the cost of living: Are consumers spending less?

1. Rising inflation means consumers will buy less overall. Many consumers are tightening their purse strings in response to the rising cost of living.

U.S. consumers take frugal turn as inflation persists - Washington Post

Home Depot's share price fell about 2 percent by market close on Tuesday. ... Meanwhile, total consumer debt has hit a record $17 trillion in the ...

ERS Data Products Show Food-At-Home Price Inflation From ...

Consumers Adjust Spending in Response to Food Price Changes. When food prices rise, spending on food typically rises as well. However, these ...