Commercial Insights

Consumer Confidence Down, Prices and Interest Rates Up

May 05, 2023 (updated Mar 19, 2024) • 8 mins

Market and Industry Insights

Managing Interest Rate Risk When Cost of Money is High

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Market and Industry Insights

Gifts and Deals are on the Holiday Shopping List

Consumers won’t let a tricky economy stop them from enjoying this holiday season. Travel, entertaining and gift shopping will keep it festive. But shoppers will be looking for deals. Here’s how you can help spread the joy.

Market and Industry Insights

U.S. Crop Production Hungering for Growth

The pandemic interrupted food supply chains. Even with eased constrictions, the next few years will be challenging for Southeastern producers. Farmers and other growers must be prepared to adapt to market conditions.
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  1. CEIC Data, “United States Private Consumption: % of GDP,” December 2023 Back
  2. The Conference Board, “US Consumer Confidence Retreated in February,” February 27, 2024 Back
  3. Ibid Back
  4. Ibid Back
  5. U.S. Bureau of Labor Statistics, The Economics Daily, “Consumer Prices up 3.1% from January 2023 to January 2024,” February 22, 2024 Back
  6. Gallup, “Economic Mood Improves, but Inflation Still Vexing Americans,” January 30, 2024 Back
  7. The Washington Post, “The Fed is Curbing Inflation, But Consumers Say They’re Still Paying Too Much,” September 24, 2023 Back
  8. McKinsey & Company, “An Update on US Consumer Sentiment: Consumers See a Brighter Future Ahead,” February 29, 2024 Back
  9. TransUnion, “Bankcard Balances Surge Past $1 Trillion as All Risk Tiers Drive Up Their Credit Card Balances,” February 15, 2024 Back
  10. Ibid Back
  11. The Financial Brand, “Buy Now, Pay Later Needs to Pay Off in 2024,” January 25, 2024 Back
  12. McKinsey & Company, “An Update on US Consumer Sentiment: Consumers See a Brighter Future Ahead,” February 29, 2024 Back
  13. Nielsen Consumer LLC, “NIQ 2024: Navigating the 2024 Pressure Points to Growth,” January 2024 Back
  14. Search Engine Journal, “18 Online Review Statistics Every Marketer Should Know,” January 12, 2023 Back